Asked by jasmine esparza on Sep 24, 2024
Verified
Holding other things constant,if the US dollar appreciates,it makes the US exports
A) Less attractive to foreigners
B) More attractive to foreigners
C) Neither more nor less attractive to foreigners
D) None of the above
US Dollar Appreciates
An increase in the value of the US dollar relative to other currencies, making foreign goods and services cheaper for US consumers and US exports more expensive for foreign buyers.
US Exports
Goods or services sold by the United States to buyers in other countries.
Foreigners
Individuals who come from a different country or nation than the one being referred to.
- Grasp the relationship between currency valuation shifts and their impact on the desirability of domestic merchandise to international consumers.
Verified Answer
Learning Objectives
- Grasp the relationship between currency valuation shifts and their impact on the desirability of domestic merchandise to international consumers.
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