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If USexport Contracts Are Written in Terms of Foreign Currency and and Import

Question 24

Multiple Choice

If U.S.export contracts are written in terms of foreign currency and import contracts are denominated in domestic currency,a devaluation of the dollar during the currency contract period


A) should increase the dollar value of exports.
B) should not have any effect on the dollar value of U.S. imports.
C) must increase the BOT.
D) All of the above

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