Question
When demand for a nation's products and currency increase, the value of the nation's currency usually remains constant or rises.
a. True
b. False
a. True
b. False
Answers
GPT-4o mini
a. True
When demand for a nation's products and currency increases, it typically leads to an appreciation of the currency's value. Higher demand can indicate stronger economic performance, making the currency more attractive to investors, which generally causes its value to rise.
When demand for a nation's products and currency increases, it typically leads to an appreciation of the currency's value. Higher demand can indicate stronger economic performance, making the currency more attractive to investors, which generally causes its value to rise.