When the US dollar declines in value, American exporters find it more difficult to export
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Q14: Business firms do not need to hedge
Q15: The spot rate is irrelevant for the
Q16: The foreign exchange rate is simply a
Q17: Inflation discourages lending but encourages borrowing
Q18: A currency's tendency to get out of
Q20: When the US dollar rises in value,
Q21: Dollar devaluation makes US products competitive abroad
Q22: The J Curve phenomenon explains why the
Q23: Devaluation may aggravate inflation
Q24: The price-specie-flow mechanism explains that imports will
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