An Increase in the Value of the U

Multiple Choice

An increase in the value of the U.S. dollar relative to foreign currencies would lead to

A) an increase in U.S. exports and a decrease in U.S. imports
B) a decrease in U.S. exports and an increase in U.S. imports
C) an increase in both U.S. imports and U.S. exports
D) a decrease in both U.S. exports and U.S. imports
E) no change in exports and an increase in U.S. imports