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on Dec 02, 2024

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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.
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CJ
Cheryn JesicaDec 05, 2024
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