The_________ the exchange rate, the_________ are foreign -produced goods and hence the smaller the quantity of dollars supplied.
A) lower; cheaper
B) lower; more expensive
C) greater; cheaper
D) greater; more expensive

Question

Quizplus · Accepted Answer

When the exchange rate is lower, foreign-produced goods become more expensive, meaning that the quantity of dollars supplied decreases as people are less likely to purchase these goods.

The_________ the Exchange Rate, The_________ Are Foreign -Produced Goods and Hence

The_ the Exchange Rate, The_ Are Foreign -Produced Goods and Hence