Question: If the US dollar declines in value relative to the currencies of many of its trading partners, the likely result is that a. Foreign currencies

If the US dollar declines in value relative to the currencies of many of its trading partners, the likely result is that

a. Foreign currencies will depreciate against the dollar.

b. The US balance of payments deficit will become worse.

c. US exports will tend to increase.

d. US imports will tend to increase.

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