A particular country's pattern of importing more than is being exported is likely to
A) depress that country's currency.
B) depress other countries' currencies.
C) increase the value of that country's currency.
D) more than one of the options is correct.

Question

Quizplus · Accepted Answer

When a country imports more than it exports, there will be more demand for foreign currency to pay for the imports. This excess demand for foreign currency will lead to a decrease in the value of the importing country's currency.

A Particular Country's Pattern of Importing More Than Is Being