NAIMMCQ Economics Foreign exchange rate stability is important because a decline in the value of the domestic currency will ________ the inflation rate, and an increase in the value of the domestic currency makes domestic industries ________ competitive with competing foreign industries.

Foreign exchange rate stability is important because a decline in the value of the domestic currency will the inflation rate, and an increase in the value of the domestic currency makes domestic industries competitive with competing foreign industries.

Economics

Foreign exchange rate stability is important because a decline in the value of the domestic currency will the inflation rate, and an increase in the value of the domestic currency makes domestic industries competitive with competing foreign industries.

A) increase; more
B) increase; less
C) decrease; more
D) decrease; less

Answer: B

NAIMMCQ

Foreign exchange rate stability is important because a decline in the value of the domestic currency will ________ the inflation rate, and an increase in the value of the domestic currency makes domestic industries ________ competitive with competing foreign industries.

Foreign exchange rate stability is important because a decline in the value of the domestic currency will ________ the inflation rate, and an increase in the value of the domestic currency makes domestic industries ________ competitive with competing foreign industries.

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Foreign exchange rate stability is important because a decline in the value of the domestic currency will the inflation rate, and an increase in the value of the domestic currency makes domestic industries competitive with competing foreign industries.

Foreign exchange rate stability is important because a decline in the value of the domestic currency will the inflation rate, and an increase in the value of the domestic currency makes domestic industries competitive with competing foreign industries.