Other Things Being Equal, Which of the Following Is a Necessary

Multiple Choice

Other things being equal, which of the following is a necessary consequence of a depreciation of the U.S. dollar against other currencies?

A) The terms of trade will move in favor of the United States.
B) The United States will experience an increase in the volume of imports.
C) International speculators will buy U.S. dollars and sell other currencies.
D) U.S. exports will become cheaper relative to other nations' products.