If the U.S. dollar appreciates in the foreign exchange market,

a. American goods will become more expensive for foreign buyers and foreign goods will be cheaper for Americans.
b. American goods will become less expensive for foreign buyers and foreign goods will be more expensive for Americans.
c. American goods will become more expensive for foreign buyers and foreign goods will be more expensive for Americans.
d. American goods will become cheaper for foreign buyers and foreign goods will be cheaper for Americans.
e. neither the price of U.S. exports nor the price of U.S. imports will change.

A

Economics

You might also like to view...

Money is not ________

A) income because the former is a stock measure and the latter a flow B) wealth because the former is generally used to procure the latter C) as inefficient as barter because the latter requires a double coincidence of wants D) all of the above E) none of the above

Economics

Tariff revenues are an important generator of revenue in less-developed countries

a. True b. False

Economics