Asked by
Hand Craft & wood work
on Dec 02, 2024Verified
If a country's currency is expected to get weaker, this will ____.
A) encourage exports
B) encourage imports
C) not affect trade
D) discourage both imports and exports
Encourage Exports
Policies or incentives designed to increase a country's goods sold abroad, aiming to improve economic balance.
Currency
A system of money in general use in a particular country or economic system, facilitating the exchange of goods and services.
- Understand the implications of currency strength or weakness on international trade.
Verified Answer
CJ
Learning Objectives
- Understand the implications of currency strength or weakness on international trade.
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