All else equal, a higher inflation rate in the U.S. leads to
A) a decrease in U.S.exports but an increase in U.S.imports.
B) an increase in U.S.exports but a decrease in U.S.imports.
C) an increase in both U.S.exports and imports.
D) a decrease in both U.S.exports and imports.
E) no change in either U.S.exports or imports.
Correct Answer:
Verified
Q2: If the exchange rate between the dollar
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