Multiple Choice
Which of the following would result from devaluation of the U.S. dollar?
A) Foreign goods would be less expensive for American consumers.
B) Foreign firms would have to pay more to purchase U.S. assets.
C) The cost of foreign vacations for U.S. citizens would be reduced.
D) U.S. goods would sell for less abroad.
Correct Answer:

Verified
Correct Answer:
Verified
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