Solved

A Stronger or Weaker Currency Has Both Advantages and Disadvantages

Question 57

Multiple Choice

A stronger or weaker currency has both advantages and disadvantages.Which of the following is a disadvantage (for Americans) of having a strong U.S.dollar?


A) Lower prices for foreign goods and services
B) Foreign stocks and bonds cost less
C) Foreign investments are more costly
D) U.S. firms must compete with lower priced imports

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents