Asked by
Anna-Brooke Taylor
on Oct 11, 2024Verified
An increase in foreign demand for U.S.exports will ____ demand for the dollar,causing the dollar to _____.
A) decrease;appreciate
B) increase;depreciate
C) increase;appreciate
D) decrease;depreciate
Foreign Demand
The desire and willingness of buyers from other countries to purchase goods and services, influenced by factors such as price, quality, and exchange rates.
U.S. Exports
Goods and services produced in the United States and sold to other countries.
Dollar
A unit of currency used in various countries, most notably the United States, identified as a standard monetary unit for transactions.
- Acquire knowledge on how fluctuations in exchange rates affect the demand for imports and exports.
- Determine the factors responsible for the increase or decrease of a currency's worth.
Verified Answer
AB
Learning Objectives
- Acquire knowledge on how fluctuations in exchange rates affect the demand for imports and exports.
- Determine the factors responsible for the increase or decrease of a currency's worth.