Answer the question on the basis of the following table,which indicates the dollar price of luta,the currency used in the hypothetical economy of Luteland:
Refer to the table.Suppose that the United States imports more products from Luteland than before.All else equal,the dollar price of luta will:
A) rise and the dollar will depreciate.
B) fall and the dollar will depreciate.
C) rise and the dollar will appreciate.
D) fall and the dollar will appreciate.
Correct Answer:
Verified
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