Question

When the dollar depreciates, each dollar buys

a. more foreign currency, and so buys more foreign goods.
b. less foreign currency, and so buys fewer foreign goods.
c. more foreign currency, and so buys fewer foreign goods.
d. less foreign currency, and so buys more foreign goods.

Answer 1

C

Step-by-step explanation:

more foreign currency, and so buys fewer foreign goods.