A fall in the U.S. price level will cause foreigners to:
A)substitute U.S. goods for their own domestically-produced goods.
B)substitute their own domestically-produced goods for U.S. goods.
C)buy more of their own domestically-produced goods.
D)buy fewer U.S. goods.

Question

Quizplus · Accepted Answer

A fall in the U.S. price level makes U.S. goods cheaper for foreigners, leading them to substitute U.S. goods for their domestically-produced goods.

A Fall in the U