contestada

an increased exchange rate for a country's currency would most likely produce which outcome?

A. the country's currency would suffer from great inflation rates

B. the country's currency would experience a decline in interest rates

C. the country could import more goods per unit of its currency

D. the country would switch from a flexible to a fixed exchange rate



Answer is C for Apex

Respuesta :

tatiirenee05
The answer is c for apex

The most likely outcome is:

C). the country could import more goods per unit of its currency.

Exchange rate

The exchange rate is denoted as the worth that a specific currency possesses in return for the other currency.

This directly impacts the number of imports or exports that a country will make throughout the year.

As a product of the increase in the exchange rate, the country would aim to import maximum. The reason behind this is that the worth of domestic products would fall comparatively.

Thus, option C is the correct answer.

Learn more about "Exchange rate" here:

brainly.com/question/14231622

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