Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
The change in relative prices will increase U.S. exports and decrease its imports.
Explanation:
I hope this works friend :)
If the dollar depreciates also known as or quote “the exchange rate falls” the relative price of real domestic goods and services falls while the relative price of regular foreign goods and services increases. Hope this helps!
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.