Suppose the exchange rate was $0.30 for one Argentine peso. If the exchange rate falls to $0.20 for one peso, we would expect to see
A) more exports to Argentina since the price of the peso has risen.
B) fewer exports to Argentina since the price of the peso has risen.
C) more U.S. imports from Argentina since the price of the peso has fallen.
D) more U.S. exports since the price of the dollar has fallen.
Correct Answer:
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