Which of the following is likely to result in long-run depreciation of the U.S.dollar relative to the euro?
A) Relatively low interest rates in the United States
B) Relatively high labor productivity in the United States
C) Tariffs levied by the United States on steel imports from Europe
D) Stronger American preferences for goods produced in Europe

Question

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The Answer of Which of the following is likely to result in long-run depreciation of the U.S.dollar relative to the euro?
A) Relatively low interest rates in the United States
B) Relatively high labor productivity in the United States
C) Tariffs levied by the United States on steel imports from Europe
D) Stronger American preferences for goods produced in Europe

Which of the Following Is Likely to Result in Long-Run