Due to a nation's weak currency, people may have to fall back on ____________.
A) exporting
B) bartering
C) importing
D) factoring

Question

Quizplus · Accepted Answer

When a nation's currency is weak, it becomes more difficult to import goods from other countries as the cost increases. Therefore, people may have to resort to bartering (the exchange of goods or services without involving money) as a means of obtaining goods and services. Exporting (selling goods to other countries) may be a useful strategy for businesses to earn foreign currency, but it may not be relevant to individuals. Factoring (selling accounts receivable to a financial institution) is not directly related to a weak currency.

Due to a Nation's Weak Currency, People May Have to Fall