Question: If the value of the US dollar in foreign currency markets changes from $1 = 6 marks to $1 = 4 marks a. The German
If the value of the US dollar in foreign currency markets changes from $1 = 6 marks to $1 = 4 marks
a. The German mark has depreciated against the dollar.
b. German imported products in the US will become more expensive.
c. US tourists in Germany will find their dollars will buy more German products.
d. US exports to Germany should decrease.
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