U.S. export industries are likely to resist:
A) an appreciation of the dollar because U.S. exports would become more expensive.
B) a depreciation of the dollar because U.S. exports would become more expensive.
C) an appreciation of the dollar because U.S. exports would become less expensive.
D) a depreciation of the dollar because U.S. exports would become less expensive.
E) a depreciation of the dollar that makes exports more expensive.

Question

Quizplus · Accepted Answer

When the dollar appreciates, U.S. exports become more expensive for foreign buyers, potentially reducing demand for these exports. This is why U.S. export industries would likely resist an appreciation of the dollar.

U.S. Export Industries Are Likely to Resist