Multiple Choice
Refer to Political Instability Abroad. What would happen to the dollar?
A) It would appreciate in foreign exchange markets making U.S goods more expensive compared to foreign goods.
B) It would appreciate in foreign exchange markets making U.S. goods less expensive compared to foreign goods.
C) It would depreciate in foreign exchange markets making U.S. goods more expensive compared to foreign goods.
D) It would depreciate in foreign exchange markets making U.S. goods less expensive compared to foreign goods.
Correct Answer:

Verified
Correct Answer:
Verified
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