If the U.S. dollar weakens against the British pound, which of the following will not be true?

Question

Quizplus · Accepted Answer

If the U.S. dollar weakens against the British pound, British goods would be more expensive in the US (A) and U.S. goods would be less expensive in Britain (C). However, U.S. production is unlikely to diminish solely because of reduced demand for U.S. products in Britain. Other factors such as competition, technology, and domestic demand also impact production levels. Therefore, choice B is not true.

If the US Dollar Weakens Against the British Pound, Which of the of the Following