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Author Question: States may manipulate the price of their currency downward in order to a. increase their trade ... (Read 26 times)

dakota nelson

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on: Sep 4, 2018
States may manipulate the price of their currency downward in order to
 
  a. increase their trade deficit.
  b. encourage emigration.
  c. boost their trade surplus.
  d. import more foreign goods.

Question 2

One effect domestically of a weak currency is
 
  a. consumers will purchase fewer foreign goods and more domestic goods.
  b. the price of domestically priced goods will increase and consumers will purchase more foreign goods.
  c. foreign producers will flood the domestic market with goods.
  d. overall trade will decline as consumers decrease both domestic and foreign purchases.


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ghepp

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Reply #1 on: Sep 4, 2018
Answer to Question 1

c

Answer to Question 2

a


dakota nelson

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Reply 2 on: Sep 4, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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