Which of the following will happen if country A's currency declines in value against other major currencies?

Question

Quizplus · Accepted Answer

EWhen a country's currency declines in value against other major currencies, its products become cheaper in foreign markets, potentially increasing exports and decreasing imports, which can reduce the trade deficit (C). Additionally, foreign goods become more expensive in the domestic market, not cheaper, making imports less attractive and further contributing to a reduction in the trade deficit (E).

Which of the Following Will Happen If Country A's Currency