The most likely impact of a decline in the trade-weighted value of the dollar is that American consumers will have to spend more money to purchase goods from abroad.
The Fed developed the trade-weighted dollar index to evaluate the US dollar's value in relation to trading partners.
Instead than comparing the value of the US dollar against all other currencies, the index prioritizes the currencies that are most commonly used in international trade.
The trade-weighted dollar is used to calculate the purchasing power of the dollar in relation to other currencies and to summarize the consequences of dollar appreciation and depreciation.
The purchasing power of the U.S. dollar is calculated using the trade-weighted dollar, which is also used to analyze the effects of the dollar's appreciation and depreciation versus other currencies. Imports into the United States cost less as the value of the dollar rises, but exports to other nations cost more.
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Answer:
c. President Franklin D. Roosevelt
Explanation:
The answer is C
Answer:
b) they thought the united states would remain neutral in world affairs
Explanation:
Answer:
Decisions about creating or collecting taxes will most likely be made (in the U.S.) through voting.
Explanation:
Because that's how America works. :)
Answer:
The right answer is:
e. The British started offering freedom to slaves who signed up to fight for their army.
Explanation:
In November 1775, Virginia’s British Royal Governor, Lord Dunmore, issued a proclamation in which he promised to free any slave who left his master to fight together with British forces. 300 black men had joined what Dunmore called his “Ethiopian Regiment” after just one month. Rebellious Americans feared the effects of this policy and reversed their earlier decision not to recruit African Americans into the Continental Army.
