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Jamie wants to buy an imported car but has refrained from doing so because of the devaluation of her country's currency value against the dollar. Which of the following is a reason that seemed to influence Jamie's buying process?

User Vitor Py
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1 Answer

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Final answer:

The devaluation of Jamie's country's currency against the dollar has influenced her buying decision on an imported car.

Step-by-step explanation:

Jamie's buying decision is influenced by the devaluation of her country's currency against the dollar. When a country's currency weakens compared to the dollar, it means that the foreign currency becomes more expensive.

In Jamie's case, this means that the imported car she wants to buy will cost more in her country's currency. The devaluation makes foreign goods more expensive for her. As a result, she refrains from buying the imported car.

By understanding the impact of currency devaluation on the cost of imported goods, Jamie is making a wise decision based on the current economic situation.

User JodyT
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