When a nation's currency depreciates, its?
a. trade decreases
b. trade increases
c. product become more expensive to other nations
d. products become less expensive to other nations
2007-11-12 10:49:55 · 3 answers · asked by Anonymous in Social Science ➔ Economics
When a nation's currency depreciates, its
d. products become less expensive to other nations.
Take US now. The US dollar is low, so people in other countries would find it cheaper to buy goods made in the US or where the price is designated in US dollars.
2007-11-12 11:39:38 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
That person is correct.. but I'll guess and say D.
English pound is worth more than the dollar, therefor there goods are going to be more expensive to us.. our products cheaper for them.
2007-11-12 19:50:46 · answer #2 · answered by james24 3 · 1⤊ 0⤋
Do your own homework. If you don't understand ask a teacher because when it's test time, we won't be there to answer for you.
2007-11-12 18:58:26 · answer #3 · answered by my cat had a baby.... 2 · 0⤊ 1⤋