Social Studies
Social Studies, 09.03.2020 23:04, Redeyestudio53

What are TWO effects on trade when a nation’s currency decreases in value?

A. A nation increases its exports because it is less expensive for other countries to buy goods from them.

B. A nation decreases its exports because it is more expensive for other countries to buy goods from them.

C. A nation increases its imports because it is less expensive to buy goods from other countries.

D. A nation decreases its imports because it is more expensive to buy goods from other countries.

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Answers: 3

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What are TWO effects on trade when a nation’s currency decreases in value?

A. A nation in...

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