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The Declining Value of the U

Question 7

Multiple Choice

The declining value of the U.S.dollar relative to other currencies in recent years means that:


A) U.S.exporters will face a greater challenge in exporting U.S.-made products.
B) U.S.firms will be eager to buy foreign products.
C) U.S.firms will be less profitable.
D) U.S.exporters will have a temporary advantage over other countries in foreign trade.

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