As the Number of British Pounds That Exchange for a Dollar

question 132

Multiple Choice

As the number of British pounds that exchange for a dollar rises on foreign currency markets:

• A)​the British will have an incentive to import fewer U.S.goods.
• B)​the British will find it easier to export goods to the United States.
• C)​the British will find U.S.goods to be more expensive in their stores.
• D)​all of the above will be true.

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Definitions:

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