An appreciation of the exchange value of the U.S. dollar would:
a. increase the dollar prices of U.S. imports and the foreign cost of exports from the U.S
b. decrease the dollar prices of U.S. imports and the foreign cost of exports from the U.S.
c. increase the dollar prices of U.S. imports, but decrease the foreign cost of exports from the U.S.
d. decrease the dollar prices of U.S. imports, but increase the foreign cost of exports from the U.S.
d
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Which of the following must cope with scarcity?
A. Individuals B. Companies C. Governments D. Families E. All of the responses are correct.
All else held constant, which of the following is a necessary consequence of a depreciation of the U.S. dollar against other currencies?
A. U.S. exports will become cheaper relative to other nations' products. B. The terms of trade will move in favor of the United States. C. The United States will experience an increase in the volume of imports. D. International speculators will buy U.S. dollars and sell other currencies.
What is the economic rule for the efficient amount of pollution?
What will be an ideal response?
What movement would show a change in induced expenditure?
What will be an ideal response?