A decrease in the value of the dollar relative to foreign currencies would _____ the supply of foreign products in the U.S.and _____ the demand for U.S.products in other countries.

Question

Quizplus · Accepted Answer

A decrease in the value of the dollar would make foreign products relatively more expensive for Americans, decreasing the supply of foreign products in the US. On the other hand, US products would become relatively cheaper for people in other countries, increasing the demand for US products in those countries.

A Decrease in the Value of the Dollar Relative to Foreign