Question
A country should always prefer to have a strong currency: (Mark the most appropriate response to this statement.) a. Yes, a stronger currency is always
A country should always prefer to have a strong currency: (Mark the most appropriate response to this statement.)
a. Yes, a stronger currency is always better, because a strong currency leads to a lot of exports.
b. A strong currency can be good because it leads to a lot of exports, but sometimes a weaker currency is preferred to make sure we can import.
c. A strong currency can be good because it leads to a lot of imports, but sometimes a weaker currency is preferred to promote exports.
d. Yes, a stronger currency is always better, because with a weak currency, a country will import too much.
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