All else held constant, which of the following is a necessary consequence of a depreciation of the U.S. dollar against other currencies?
A. U.S. exports will become cheaper relative to other nations' products.
B. The terms of trade will move in favor of the United States.
C. The United States will experience an increase in the volume of imports.
D. International speculators will buy U.S. dollars and sell other currencies.
Answer: A
Economics
You might also like to view...
Which of the following factors are considered under "new growth theory"?
A) research B) technology C) innovation D) All of the above are correct.
Economics
The equation 
is the
A. average propensity to consume. B. average propensity to save. C. marginal propensity to consume. D. marginal propensity to save.
Economics