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For the United States, Suppose the Value of Exported Goods

Question 24

Multiple Choice

For the United States, suppose the value of exported goods is greater than the value of imported goods. This implies that


A) the domestic currency will depreciate.
B) the dollar price of foreign currency will increase.
C) the country is running a deficit in its balance of trade.
D) the country is running a surplus in its balance of trade.

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