The U.S.trade deficit has pushed the value of the U.S.dollar _______________.
A)forward
B)backward.
C)inward
D)upward.
E)downward.

Name: The U.S.trade deficit has pushed the value of the U.S.dollar _______________. A)forward B)backward. C)inward D)upward. E)downward.
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Question

Quizplus · Accepted Answer

A trade deficit typically leads to a depreciation of a country's currency in the foreign exchange markets. Therefore, if the U.S. has a trade deficit, it would generally push the value of the U.S. dollar downward.

The USTrade Deficit Has Pushed the Value of the U