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If the exchange rate between the United States dollar and the Indian rupee changes from $1=60 rupees to $1=10 rupees, ceteris paribus, one would anticipate that ___________. Group of answer choices A) India’s exports to the United States increase B) the current account in the United States’ balance of payments stays the same C)the trade deficit in the United States increases D)the United States’ imports from India increase E)the United States’ exports to India increase

If the exchange rate between the United States dollar and the Indian rupee changes from $1=60 rupees to $1=10 rupees, ceteris paribus, one would anticipate that ___________. Group of answer choices A) India’s exports to the United States increase B) the current account in the United States’ balance of payments stays the same C)the trade deficit in the United States increases D)the United States’ imports from India increase E)the United States’ exports to India increase

Exploring Economics
Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter29: International Finance
Section: Chapter Questions
Problem 8P
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If the exchange rate between the United States dollar and the Indian rupee changes from $1=60 rupees to $1=10 rupees, ceteris paribus, one would anticipate that ___________.
Group of answer choices
A) India’s exports to the United States increase
B) the current account in the United States’ balance of payments stays the same
C)the trade deficit in the United States increases
D)the United States’ imports from India increase
E)the United States’ exports to India increase
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