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Foreign-Made Goods Would Become More Expensive to U

Question 59

Multiple Choice

Foreign-made goods would become more expensive to U.S. buyers if the:


A) value of the dollar dropped in comparison to other nations' currencies.
B) value of the dollar increased in comparison to other nations' currencies.
C) values of the dollar and all other nations' currencies dropped by the same proportion.
D) values of the dollar and all other nations' currencies increased by the same proportion.

Correct Answer:

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