4
QuizMultiple Choice

Study Guide and Quiz

Question 4 • GA-Introduction to Business and Technology

Which of the following is likely to increase the value of a country's currency?

Answer
A
The country's imports are higher than its exports.
B
The country has high inflation.
C
The country has a lot of debt.
D
The country has a high interest rate.

Explanation

A high interest rate can attract foreign investors seeking better returns. To invest, they often need to buy the country's currency, increasing demand for it and potentially raising its value. Therefore, the choice “The country has a high interest rate” is correct.

AI-written and checked against the verified answer.

Previous
Next