The decline in the value of the dollar in the first half of 2017 resulted in ________ dollar prices for goods imported into the United States and ________ prices in foreign currencies for U.S.goods exported to other countries.
A)higher; higher
B)higher; lower
C)lower; higher
D)lower; lower

Question

Quizplus · Accepted Answer

When the value of the dollar declines, it costs more dollars to buy goods imported into the United States, leading to higher dollar prices for these goods. Conversely, U.S. goods become cheaper in terms of foreign currencies, making them lower priced for buyers using those currencies.

The Decline in the Value of the Dollar in the First