An appreciation of the exchange value of the U.S. dollar would: A) increase the dollar prices of U.S. imports and the foreign cost of exports from the U.S. B) decrease the dollar prices of U.S. imports and the foreign cost of exports from the U.S. C) increase the dollar prices of U.S. imports, but decrease the foreign cost of exports from the U.S. D) decrease the dollar prices of U.S. imports, but increase the foreign cost of exports from the U.S.
An appreciation of the exchange value of the U.S. dollar would: A) increase the dollar prices of U.S. imports and the foreign cost of exports from the U.S. B) decrease the dollar prices of U.S. imports and the foreign cost of exports from the U.S. C) increase the dollar prices of U.S. imports, but decrease the foreign cost of exports from the U.S. D) decrease the dollar prices of U.S. imports, but increase the foreign cost of exports from the U.S.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
An appreciation of the exchange value of the U.S. dollar would:
A) increase the dollar prices of U.S. imports and the foreign cost of exports from the U.S.
B) decrease the dollar prices of U.S. imports and the foreign cost of exports from the U.S.
C) increase the dollar prices of U.S. imports, but decrease the foreign cost of exports from
the U.S.
D) decrease the dollar prices of U.S. imports, but increase the foreign cost of exports from
the U.S.
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