
Economic Impacts of a Weaker Dollar

Interactive Video
•
Business, Social Studies
•
10th - 12th Grade
•
Hard

Mia Campbell
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the most direct effect of a weaker dollar relative to the yuan?
Decrease in Chinese imports
Increase in American inflation
Increase in American exports
Chinese imports becoming more expensive
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might the cost of a cell phone case not change significantly even if the manufacturing cost increases?
Demand for cell phone cases is very elastic
Retailers absorb the cost increase
Shipping costs decrease
The manufacturing cost is a small portion of the total price
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might a weaker dollar affect the cost of oil imports?
Oil imports will become cheaper
Oil imports will be unaffected by currency changes
Oil imports will become more expensive
Oil imports will remain the same
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could happen to US debt if the dollar weakens?
US debt will remain unchanged
US debt will be eliminated
US debt will become more expensive
US debt will become cheaper
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of a weaker US currency for manufacturing?
Increased labor costs
Higher import costs
Decrease in domestic demand
Boost in US exports
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor that might prevent labor-dependent industries from returning to the US?
Strong US currency
High labor costs
Lack of infrastructure
High skill requirements
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which regions might attract industries if the Chinese currency strengthens?
Australia
South Asia and Latin America
North America
Europe
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