If the Russian ruble depreciates relative to the U.S.dollar,Russian steel becomes more expensive for American firms to purchase.

Name: If the Russian ruble depreciates relative to the U.S.dollar,Russian steel becomes more expensive for American firms to purchase.
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Question

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When the Russian ruble depreciates relative to the U.S. dollar, it means that the dollar is stronger and can buy more rubles. This makes Russian goods, including steel, cheaper for American firms, not more expensive.

If the Russian Ruble Depreciates Relative to the U