The Declining Value of the U

question 7

Multiple Choice

The declining value of the U.S.dollar relative to other currencies in recent years means that:

• A)U.S.exporters will face a greater challenge in exporting U.S.-made products.
• B)U.S.firms will be eager to buy foreign products.
• C)U.S.firms will be less profitable.
• D)U.S.exporters will have a temporary advantage over other countries in foreign trade.