International trade is beneficial to a participating country when that country has a particular product that it is able to sell at a lower price compared to other participating countries

Give an example of currency depreciation and appreciation

What will be an ideal response?

Suppose currency traders believe that in the future, the United States will experience more rapid inflation than will Japan. The traders ______.

a. also believe that the U.S. dollar will soon appreciate in value b. will buy more U.S. dollars, pushing up the price c. holding U.S. dollars will convert them to yen, increasing the demand for yen d. also believe that Japanese consumers will soon demand more U.S. goods