Asked by Marah Owens on Jun 15, 2024

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If the exchange rate falls, domestic goods become relatively ______ expensive. This change in the affordability of domestic goods makes domestic goods _____ attractive to domestic residents. So, _______ ______.

Exchange Rate

The price of one country's currency expressed in the currency of another country, influencing international trade and investment flows.

Affordability

A measure of an individual's financial ability to meet the cost of living or purchase goods and services.

  • Evaluate the influence of exchange rate fluctuations on the request for goods within the country and aboard.
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CB
Collin BaileyJun 16, 2024
Final Answer :
less, more, imports, fall