The value of the Venezuelan currency the Bolivar has lost 93% of its value in th
ID: 1212929 • Letter: T
Question
The value of the Venezuelan currency the Bolivar has lost 93% of its value in the last year. What result is most likely for Venezuelans
The fall in the value of the currency hurts companies in Venezuela that export to the US and Venezuelans who want to buy US goods.
The fall in the value of the currency benefits companies in Venezuela that export to the US, but hurts Venezuelans who want to buy US goods.
The fall in the value of the currency benefits companies in Venezuela that export to the US and helps Venezuelans who want to buy US goods.
The fall in the value of the currency helps Venezuelans who want to buy US goods and hurts companies in Venezuela who want to export to the US.
Explanation / Answer
The correct answer is :
The fall in the value of the currency hurts companies in Venezuela that export to the US and Venezuelans who want to buy US goods.
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