If a country has high productivity,it can expect:
A)high demand for its goods and high demand for the foreign currency most often used to purchase its goods.
B)level demand for its goods,but high demand for its currency.
C)level demand for its goods,and high demand for the foreign currency most often used to purchase its goods.
D)high demand for the goods it produces and high demand for its currency.

Question

Quizplus · Accepted Answer

High productivity means that the country is able to produce more goods at a lower cost, which makes its products more competitive in the international market. This results in high demand for the goods it produces, as they are of high quality and available at lower prices. Additionally, this also leads to high demand for its currency, as foreign buyers need to exchange their currency to purchase the relatively cheaper goods from the country. Therefore, option D is the best choice.

If a Country Has High Productivity,it Can Expect