Multiple Choice
If the value of the U.S.dollar rises from € 1.0 per dollar to € 1.3 per dollar,
A) imports of automobiles from Germany will decline
B) American inflation will increase
C) German exports of all traded goods will decline
D) American exports to Germany will decrease
E) sales by American manufacturers for the export markets will increase.
Correct Answer:
Verified
Correct Answer:
Verified
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