The value of the Venezuelan currency the Bolivar has lost 93% of its value in th
ID: 1212928 • 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?
American tourist to Venezuela are not happy as their trip will be more expensive. US companies that export are not happy as their sales to Venezuela will fall.
American tourist to Venezuela are excited as their trip will be cheaper. US companies that export are not happy as their sales to Venezuela will fall.
American tourist to Venezuela are happy as their trip will be cheaper. US companies that export are happy as their sales to Venezuela will increase.
American tourist to Venezuela are not happy as their trip will be more expensive. US companies that export are happy as their sales to Venezuela will increase.
Explanation / Answer
The correct answer is:
American tourist to Venezuela are happy as their trip will be cheaper. US companies that export are happy as their sales to Venezuela will increase.
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