The declining value of the U.S.dollar relative to other currencies in recent years means that:
A)U.S.exporters will face a greater challenge in exporting U.S.-made products.
B)U.S.firms will be eager to buy foreign products.
C)U.S.firms will be less profitable.
D)U.S.exporters will have a temporary advantage over other countries in foreign trade.

Question

Quizplus · Accepted Answer

A declining U.S. dollar makes U.S. goods cheaper for foreign buyers, giving U.S. exporters a temporary advantage in foreign trade.

The Declining Value of the U