Which of the following statements is most correct?
A) A weaker dollar results in more imports of foreign merchandise since it requires fewer dollars for purchase.
B) A stronger dollar results in fewer imports of foreign merchandise since it requires fewer dollars for purchase.
C) A stronger dollar results in more imports of foreign merchandise since it requires fewer dollars for purchase.
D) A weaker dollar results in more imports of foreign merchandise since it requires more dollars for purchase.
E) none of the above
Correct Answer:
Verified
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