Answer: Influences the price of exports and imports
Explanation:
The value of the exchange rate of a nation's currency can impact how much the country imports or exports which will affect its balance of trade.
For instance, if a country's currency becomes stronger, it would make its exports more expensive (as these are quoted in the domestic currency) which would lead to less of its exports being sold. At the same time however, imports will become cheaper to the people of this country since their currency is stronger. They will therefore import more.
The net effect is that exports decrease and imports increase thereby making the balance of trade worse off. This situation is reversed when the currency becomes weaker.
The incorrect one is option B.
<span>B. Jessie's favorite sports are: softball, volleyball, and field hockey.
There shouldn't be a colon there. I don't know which one is correct, though. The rest seem fine.
</span>
Health insurance is an insurance policy that is purchased or put in place to take care of the costs of healthcare.
<h3>What is an advantage of Mandatory Health Insurance in America?</h3>
As indicated above, it helps ensure that lives are not lost due to a lack of money for health care. Hence, this increases life expectancy.
<h3>What is a disadvantage of Mandatory Health Insurance in America?</h3>
Because it is mandatory, people are put under pressure to meet up with this bill. Sometimes, lack of control may also be an issue.
Learn more about Health Insurance at:
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