Multiple Choice
When the real exchange rate for the dollar appreciates,U.S.goods become
A) less expensive relative to foreign goods,which makes exports rise and imports fall.
B) less expensive relative to foreign goods,which makes exports fall and imports rise.
C) more expensive relative to foreign goods,which makes exports rise and imports fall.
D) more expensive relative to foreign goods,which makes exports fall and imports rise.
Correct Answer:
Verified
Correct Answer:
Verified
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