Which result will most likely happen if the exchange rate for a country’s currency goes down?
Its comparative advantage in international trade becomes unknown.
Its exports increase because they become cheaper.
Its standard of living increases.
Its consumers benefit from lower overall prices.
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Which event to improve foreign relations between the united states and china? a. president truman's announcement of u.s. involvement in the "police action" in south korea in 1950 b. president carter's recognition of taiwan in 1979 c. president nixon's escalation of the vietnam war in laos and cambodia in 1973 d. president clinton's proposal to allow china to join the world trade organization (wto) in 1995
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Which result will most likely happen if the exchange rate for a country’s currency goes down?
Its c...
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