A subsidy is the same thing as a tax deduction

The economic principle of _________________ implies that the value of the subject property is determined by the price that market participants would pay to acquire a substitute property of similar utility and desirability,

Fill in the blank(s) with the appropriate word(s).

What effect does a contractionary monetary policy in the U.S. have on the foreign trade sector?

A) The higher value of the dollar will decrease imports and increase exports. B) The higher value of the dollar will decrease exports and increase imports. C) The lower value of the dollar will decrease imports and increase exports. D) The lower value of the dollar will decrease exports and increase imports.