The U.S.trade deficit has pushed the value of the U.S.dollar upward in the last 50 years.

Name: The U.S.trade deficit has pushed the value of the U.S.dollar upward in the last 50 years.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

A trade deficit typically puts downward pressure on a currency's value because it means a country is importing more than it is exporting, leading to more of its currency being sold to buy foreign currencies for payment of imports.

The USTrade Deficit Has Pushed the Value of the U