An increase in the U.S. dollar exchange rate means foreigners must pay
A) more for dollars and more for U.S. exports.
B) less for dollars and more for U.S. imports.
C) more for dollars and less for U.S. exports.
D) less for dollars and less for U.S. exports.

Question

Quizplus · Accepted Answer

An increase in the U.S. dollar exchange rate means the dollar is stronger, so foreigners need to pay more of their currency to get the same amount of dollars, making U.S. exports more expensive for them.

An Increase in the U