MCQOPTIONS
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| 1. |
If export contracts are written in terms of foreign currency and import contracts are denominated in domestic currency a depreciation of the dollar during the currency contract period ? |
| A. | should increase the dollar value of exports |
| B. | should not have any effect on the dollar value of U.S imports |
| C. | must increase the balance of trade |
| D. | All of the above |
| Answer» E. | |