Question: Suppose that the U.S. considers devaluing its dollar against a foreign currency to improve the trade balance. What type of currency contracting would definitely worsen

Suppose that the U.S. considers devaluing its dollar against a foreign

Suppose that the U.S. considers devaluing its dollar against a foreign currency to improve the trade balance. What type of currency contracting would definitely worsen the U.S. trade balance? O The U.S. import contracts are written in foreign currency and the U.S. export contracts are written in dollars. O The U.S. import contracts are written in dollars and the U.S. export contracts are written in foreign currency. O Both of the U.S. import and export contracts are written in dollars. O Both of the U.S. import and export contracts are written in foreign currency

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