Question: If the U.S. dollar is strong in relation to foreign currencies, which two of the following will likely happen? I. An increase in U.S. exports

If the U.S. dollar is strong in relation to foreign currencies, which two of the following will likely happen?

I. An increase in U.S. exports II. An increase in U.S. imports III. An increase in the balance of payments deficit IV. An increase in the balance of payments surplus

(A) I and III

(B) I and IV

(D) II and IV

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