If the currency of your country is appreciating, the result should be to ______ exports and to _______ imports.
A)stimulate; stimulate
B)stimulate; discourage
C)discourage; stimulate
D)discourage; discourage
E)not affect; not affect

Question

Quizplus · Accepted Answer

An appreciating currency means that country's goods and services are more expensive to foreigners and thus that country's exports are discouraged.Likewise, goods and services of other countries are now less expensive, and thus imports are stimulated.

If the Currency of Your Country Is Appreciating, the Result