The United States can reduce its trade deficit by:
A)reducing the value of the dollar.
B)strengthening the dollar.
C)keeping the dollar fixed.
D)either weakening or strengthening the dollar.

Question

Quizplus · Accepted Answer

Reducing the value of the dollar makes U.S. goods cheaper for foreigners, potentially increasing exports and reducing imports, which can help reduce the trade deficit.

The United States Can Reduce Its Trade Deficit By