The Main International Repercussion of Either a Fiscal Expansion or Monetary

Multiple Choice

The main international repercussion of either a fiscal expansion or monetary contraction is to

A) raise interest rates and the exchange rate, thereby crowding out net exports.
B) raise interest rates and lower the exchange rate, thereby crowding in net exports.
C) lower interest rates and the exchange rate, thereby crowding in net exports.
D) lower interest rates and raise the exchange rate, thereby crowding out net exports.