If a nation's currency is weak, people may have to fall back on
A) exporting.
B) bartering.
C) importing.
D) factoring.

Question

Quizplus · Accepted Answer

When a nation's currency is weak, it may become more difficult to import goods and services because the cost in foreign currency becomes prohibitively expensive. Exporting may be challenging because foreign buyers may not be willing to pay a higher price for the weaker currency. In this situation, people may turn to bartering as an alternative method of exchange to acquire the goods and services they need.

If a Nation's Currency Is Weak, People May Have to Fall