Asked by David Hornbek Jr. on Jul 25, 2024
Verified
If the U.S. dollar were to strengthen then the demand for U.S. goods in other countries will:
A) Increase
B) Decrease
C) Remain the same
U.S. Dollar
The official currency of the United States and a standard unit of money used in international trade.
U.S. Goods
Products that are manufactured, produced, or grown within the United States.
- Investigate how changes in currency values influence international monetary transactions.
Verified Answer
KL
Kelsey LawlerJul 30, 2024
Final Answer :
B
Explanation :
If the U.S. dollar were to strengthen, then U.S. goods would become more expensive for foreign buyers due to exchange rate changes. This would lead to a decrease in demand for U.S. goods in other countries.
Learning Objectives
- Investigate how changes in currency values influence international monetary transactions.