Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our 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!
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.