Which event would most likely decrease an economy's exports?
A)a decline in the tariff on products imported from abroad
B)an increase the prosperity of trading partners for this economy
C)an appreciation of a nation's currency relative to foreign currencies
D)a depreciation of a nation's currency relative to foreign currencies

Question

Quizplus · Accepted Answer

An appreciation of a nation's currency relative to foreign currencies makes its exports more expensive for foreign buyers, which makes them less competitive in the global market and decreases export demand.

Which Event Would Most Likely Decrease an Economy's Exports