Traveling abroad to country B,you notice that most goods and services are substantially cheaper there than in the United States.If you know that country B's currency was recently pegged to the U.S.dollar,then you can expect
A) country B's currency to appreciate.
B) prices to rise in country B.
C) country B's currency to depreciate.
D) prices to fall in country B.
E) country B to impose trade barriers.
Correct Answer:
Verified
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