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n increase in the quantity of exports sent overseas and increased revenue for a business could be the result of:YOUR ANSWERYour Answera downturn in the global economy.an appreciation of the exchange rate.a depreciation of the exchange rate.a free trade agreement is canned.

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n increase in the quantity of exports sent overseas and increased revenue for a business could be the result of:YOUR ANSWERYour Answera downturn in the global economy.an appreciation of the exchange rate.a depreciation of the exchange rate.a free trade agreement is canned.

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Solution

An increase in the quantity of exports sent overseas and increased revenue for a business could be the result of:

  1. A depreciation of the exchange rate: When the value of a country's currency decreases relative to other currencies (depreciates), its exports become cheaper for foreign buyers. This can lead to an increase in the quantity of exports, as foreign buyers take advantage of the lower prices.

  2. A free trade agreement: Free trade agreements reduce or eliminate trade barriers such as tariffs and quotas between participating countries. This can make it easier and more profitable for businesses to export their goods, leading to an increase in the quantity of exports and revenue.

On the other hand, a downturn in the global economy or an appreciation of the exchange rate could potentially reduce the quantity of exports and revenue for a business. A global economic downturn can reduce demand for exports, while an appreciation of the exchange rate can make a country's exports more expensive for foreign buyers.

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