If the dollar depreciates against the Indian rupee
A)Indian imports to the U.S.become less expensive.
B)U.S.exports to India become less expensive.
C)U.S.exports to India become more expensive.
D)The value of Indian imports to the United States does not change.

Question

Quizplus · Accepted Answer

When the dollar depreciates against the Indian rupee, it means that each dollar buys fewer rupees. This makes U.S. goods cheaper for Indian buyers, hence U.S. exports to India become less expensive.

If the Dollar Depreciates Against the Indian Rupee