Asked by
Jenna Simmons
on Oct 12, 2024Verified
If the inflation rate in the U.S.is lower than in other countries,this would be expected to
A) increase U.S.exports.
B) reduce U.S.imports.
C) increase the demand for dollars.
D) All of the choices are true.
Inflation Rate
The percentage increase in the general level of prices for goods and services over a period.
U.S. Exports
Goods, services, and technologies sold and shipped by the United States to other countries, contributing to the nation's income and employment.
- Identify the impact of inflation rates on the value of currencies in global markets.
Verified Answer
KF
Learning Objectives
- Identify the impact of inflation rates on the value of currencies in global markets.