Answered

Exchange rates have an impact on which of the following

AThe price of domestic goods
BThe amount distributed in Social Security benefits
CThe quality of imported goods
DThe price of imported goods

Verified Answer :

the price of imported goods

Exchange rates have an impact on "the price of imported goods".


An exchange rate is the rate at which one nation's money can be exchanged for another nation's currency. For instance, in the United States, the dollar's quality is frequently made a decision in connection to different monetary standards, for example, the Japanese yen, the Swiss franc, and the euro. At the point when a money acknowledges, it implies it expanded in esteem with respect to another cash; devalues implies it debilitated or fell in esteem in respect to another currency.

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