An increase in the price of the U.S. dollar relative to foreign currencies would be expected to increase:

Question

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When the U.S. dollar strengthens relative to foreign currencies, it makes foreign goods and services cheaper for U.S. consumers and businesses, thereby increasing U.S. imports. Conversely, it makes U.S. goods and services more expensive for foreign buyers, potentially reducing U.S. exports and having a complex effect on U.S. employment.

An Increase in the Price of the U