Solved

A Stronger Dollar Leads to Cheaper Input Prices for U

Question 89

Multiple Choice

A stronger dollar leads to cheaper input prices for U.S. firms because


A) U.S. workers are willing to work for less pay because of the stronger dollar.
B) U.S. producers of intermediate goods lower prices in order to benefit from the stronger dollar.
C) imports of raw materials and intermediate goods are cheaper.
D) exports of raw materials and intermediate goods are cheaper.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions