Suppose the Exchange Rate Was $0

Multiple Choice

Suppose the exchange rate was $0.50 for one British pound. If the exchange rate falls to $0.20 for one pound, we would expect to see

A) more exports to the U.K. since the price of the pound has risen.
B) fewer exports to the U.K. since the price of the pound has risen.
C) more U.S. imports from the U.K. since the price of the pound has fallen.
D) more U.S. exports since the price of the dollar has fallen.