Asked by
sydnee harris
on Nov 06, 2024Verified
The decrease in exports from the United States is in part due to the strength of the U.S. dollar relative to foreign currencies. This statement is best described as
A) a marginal statement.
B) a normative statement.
C) a positive statement.
D) an unsubstantiated statement.
Positive Statement
An objective statement based on factual evidence that can be tested and validated as true or false.
U.S. Dollar
The official currency of the United States, used as a standard monetary unit for many international transactions.
Foreign Currencies
Currencies used in international trade and investment, outside of the domestic or home country's currency.
- Comprehend the impact of external factors on economic indicators and outcomes.
Verified Answer
AF
Learning Objectives
- Comprehend the impact of external factors on economic indicators and outcomes.