Question

. If incomes rise rapidly in the United States and U.S. preferences for foreign goods strengthen, we

would expect
A. the dollar price of foreign monies to decrease.
(B.) U.S. exports to increase.
C. the dollar to appreciate in value.
D. the dollar to depreciate in value

Answer 1

If incomes rise rapidly in the united States and U.S preferenced for foreign goods strengthen, we would expect D. the dollar to depreciate in value.