If the dollar depreciates against the British pound, U.S. goods sold in ________ would become less expensive and British goods sold in ________ would become more expensive.

Question

Quizplus · Accepted Answer

When the dollar depreciates against the British pound, U.S. goods become cheaper in Great Britain because it takes fewer pounds to buy the same amount of dollars. Conversely, British goods become more expensive in the United States as it requires more dollars to purchase the same amount of pounds.

If the Dollar Depreciates Against the British Pound, U