Multiple Choice
When the price level in France increases while the exchange rate and the price level in the United States remain the same, the result is
A) U.S. citizens are less likely to buy French-made goods.
B) U.S.-made goods become relatively cheaper compared to French-made goods.
C) French citizens are more likely to buy U.S.-made goods.
D) All of the above answers are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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