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    Exam 14: Exchange Rates and Their Determination: A Basic Model
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    When the Dollar Appreciates, Then We Might Expect (Everything Else
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When the Dollar Appreciates, Then We Might Expect (Everything Else

Question 38

Question 38

Multiple Choice

When the dollar appreciates, then we might expect (everything else equal) that imports in the U.S. will _____ and exports will _____.


A) rise, fall
B) rise, rise
C) fall, fall
D) fall, rise
E) rise, remain unchanged

Correct Answer:

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