Which event would most likely decrease an economy's exports?
A) A decline in the tariff on products imported from abroad
B) An increase the prosperity of trading partners for this economy
C) An appreciation of the nation's currency relative to foreign currencies
D) A depreciation of the nation's currency relative to foreign currencies

Question

Quizplus · Accepted Answer

An appreciation of a nation's currency relative to foreign currencies makes its exports more expensive for foreign buyers, decreasing demand for its exports and thereby decreasing its exports.

Which Event Would Most Likely Decrease an Economy's Exports