If the dollar fell by 35% relative to the other currencies,our current account deficit would

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When the dollar falls relative to other currencies, U.S. goods and services become cheaper for foreign buyers, potentially increasing exports. Simultaneously, imports become more expensive for U.S. consumers, potentially reducing imports. These changes can improve the current account balance, leading to a sharp fall in the current account deficit.

If the Dollar Fell by 35% Relative to the Other