Q121: When the U.S. exchange rate rises, foreign goods become___and U.S. imports___ A. more expensive; decreaseB. less expensive; decreaseC. more expensive; increaseD. less expensive; increase AnswerAnswer D. less expensive; increase Q122: “If the exchange rate between the dollar and Japanese yen is below the equilibrium exchange rate, there will be a___of dollars, and the exchange…
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