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When the Value of the U.S.dollar Is High

Question 16

Multiple Choice

When the value of the U.S.dollar is high:


A) The price of U.S. products decreases relative to foreign products.
B) The price of U.S. products increases relative to foreign products.
C) It takes fewer foreign dollars to buy U.S. products.
D) U.S. products become more competitive in foreign markets.
E) It takes more U.S. dollars to buy foreign products.

Correct Answer:

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