Which of the following is most likely to influence trade policy and balance?

Question

Quizplus · Accepted Answer

The strength of the dollar compared to other currencies is likely to influence trade policy and balance as it affects the relative prices of exports and imports, making domestic goods more expensive to foreign buyers and foreign goods cheaper for domestic consumers. This can result in a trade deficit or surplus and may lead to the government implementing trade policy measures such as tariffs or currency manipulation to balance trade. The other options may have some impact on the economy but may not be specifically linked to trade policy and balance.

Which of the Following Is Most Likely to Influence Trade