If country A depreciates its currency against country B's currency, then, other things Equal,
A) there should be "expenditure switching" towards A's goods by residents of both countries.
B) there should be "expenditure switching" towards A's goods only by A's residents.
C) there should be "expenditure switching" towards B's goods by residents of both countries.
D) B's goods become cheaper to country A's residents.
Correct Answer:
Verified
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