Assuming a Fixed Exchange Rate, a Decrease in U

Multiple Choice

Assuming a fixed exchange rate, a decrease in U.S.prices relative to European prices will:

A) decrease European exports to the United States.
B) increase U.S.imports from Europe.
C) decrease aggregate spending in the U.S.
D) not affect U.S.exports or imports.
E) raise the purchasing power of U.S.consumers.