If the dollar appreciates (becomes stronger), this causes: a. The relative price of U.S. goods to increase
Question:
If the dollar appreciates (becomes stronger), this causes:
a. The relative price of U.S. goods to increase for foreigners.
b. The relative price of foreign goods to decrease for Americans.
c. U.S. exports to fall and U.S. imports to rise.
d. A balance of trade deficit for the U.S.
e. All of the above.
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