In the passage below, fill in the missing words using words from the list (You may use each word in the list more than once if you want to) If a country has a floating exchange rate, then a rise in the exchange rate will tend to be for exporters and for importers. For example, the foreign currency price of exports will tend to reducing demand and growth in the home country. As a result, there will be less demand for the home country's currency in order to pay for exports. This reduced demand for the home currency will put pressure on the exchange rate to So there is a tendency for increases in a floating exchange rate to self-correct. fall good bad rise

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
I need to drag the four words into the gaps where necessary. I can drag one word into multiple gaps. Thank you for the help (: (question attached)
In the passage below, fill in the missing words using words from the list (You may use each word in the
list more than once if you want to)
If a country has a floating exchange rate, then a rise in the exchange rate will tend to be
for
exporters and
for importers. For example, the foreign currency price of exports will tend to
reducing demand and growth in the home country. As a result, there will be less demand for the home
country's currency in order to pay for exports. This reduced demand for the home currency will put
pressure on the exchange rate to
So there is a tendency for increases in a floating exchange
rate to self-correct.
fall
good
bad
rise
<Previous page
Next page >
PHILIPS
Transcribed Image Text:In the passage below, fill in the missing words using words from the list (You may use each word in the list more than once if you want to) If a country has a floating exchange rate, then a rise in the exchange rate will tend to be for exporters and for importers. For example, the foreign currency price of exports will tend to reducing demand and growth in the home country. As a result, there will be less demand for the home country's currency in order to pay for exports. This reduced demand for the home currency will put pressure on the exchange rate to So there is a tendency for increases in a floating exchange rate to self-correct. fall good bad rise <Previous page Next page > PHILIPS
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Monopoly
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education