Question
point)
"The Number of Foreign Tourists to the US Increases as the Dollar Weakens"
How would the weakened dollar most likely affect the US market?
a
foreign imports would flood the US economy
b
overseas travel for US citizens would cost less
c
foreign businesses would raise prices for US goods
d
US exporters would have an increase in sales
"The Number of Foreign Tourists to the US Increases as the Dollar Weakens"
How would the weakened dollar most likely affect the US market?
a
foreign imports would flood the US economy
b
overseas travel for US citizens would cost less
c
foreign businesses would raise prices for US goods
d
US exporters would have an increase in sales
Answers
GPT-4o mini
The correct answer is:
**d - US exporters would have an increase in sales.**
A weakened dollar makes US goods cheaper for foreign buyers, which can lead to an increase in exports as foreign customers find US products more affordable.
**d - US exporters would have an increase in sales.**
A weakened dollar makes US goods cheaper for foreign buyers, which can lead to an increase in exports as foreign customers find US products more affordable.