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Author Question: States may manipulate the price of their currency downward in order to a. increase their trade ... (Read 71 times)

dakota nelson

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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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Answer to Question 1

c

Answer to Question 2

a




dakota nelson

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Reply 2 on: Sep 4, 2018
Excellent


mjenn52

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Reply 3 on: Yesterday
Gracias!

 

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