Question

When the U.S. dollar goes up against the British Pound, it could be a result of _____.

poor government relations
an increase in the trade deficit
speculation on Wall Street
trouble in the Leadership of the US Department of Treasury

Answer 1

Answer:When the US dollar goes up against the British Pound, it can be a result of B. an increase in the trade deficit.

Trade deficit refers to the fact that a particular country is importing far more than it is exporting - therefore it is losing money. As a result of that, the currency of that country can change - foreign money can rise, whereas domestic currency can plummet.

Answer 2

When the U.S. dollar goes up against the British Pound, it could be a result of an increase in the trade deficit.

Step-by-step explanation:

hope this helps