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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

Explain what is likely to happen to U.S. export and import spending as a result of the dollar depreciating in value.

To determine

Explain the import and export if dollar depreciates.

Explanation

If U.S. dollar depreciated, then the U.S. goods and services will become cheaper and the other foreign goods will become expensive in an economy. Since, the U.S...

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