Asked by
Tiana Johnson
on Nov 26, 2024Verified
When the U.S. dollar decreases in value relative to foreign currencies, the
A) demand for U.S. exports will decrease.
B) supply of U.S. exports will decrease.
C) demand for U.S. exports will increase.
D) supply of U.S. exports will remain constant.
Decreases in Value
A reduction in the worth or price of an asset or commodity.
Foreign Currencies
Money or other forms of legal tender issued by countries other than one's own, used in international trade and finance transactions.
U.S. Exports
Goods and services produced in the United States and sold to other countries, contributing to the national economy.
- Acknowledge the impact of shifts in exchange rates on the relative valuation of national currencies.
- Evaluate the consequences of exchange rate alterations on the balances of trade across nations.
Verified Answer
CT
Learning Objectives
- Acknowledge the impact of shifts in exchange rates on the relative valuation of national currencies.
- Evaluate the consequences of exchange rate alterations on the balances of trade across nations.