Louis owns an import business. After traveling to France on numerous occasions, he developed a taste for fine French wines. A radio report that he heard this morning indicated that the dollar has fallen sharply against the euro. Based on this information, Louis expects that:
A) American goods will become more expensive in France.
B) French wines will become more expensive in the United States.
C) French wines will become less expensive in the United States.
D) the French government will place an embargo on American exports.
Correct Answer:
Verified
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