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


A. poor government relations

B. an increase in the trade deficit

C. speculation on Wall Street

D. trouble in the Leadership of the US Department of Treasury

Respuesta :

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.