Which of the following would most likely cause a nation's currency to depreciate?
a. an increase in domestic real interest rates
b. an increase in exports coupled with a decline in imports
c. an increase in the nation's inflation rate
d. a balance of trade surplus
C
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Which of the following is true?
A. The Japanese rebuilt their economy after World War II by selling its goods to their own rapidly growing population. B. Slow U.S. population growth in the 19th century forced American farmers and manufacturers to seek foreign markets to propel its rapid economic growth. C. The Japanese rebuilt their economy after World War II by targeting the large U.S. market, while their own market remained largely closed to U.S. manufactured goods. D. America's rapid population growth in the 19th century slowed its economic growth rate.
When a market clearing price is determined
A. the exchange between buyers and sellers is directed by outside factors such as the government. B. the exchange between buyers and sellers is voluntary. C. the exchange between buyers and sellers benefits only the buyers. D. the exchange between buyers and sellers benefits only the sellers.