MCQOPTIONS
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MCQOPTIONS
| 1. |
If foreign manufacturing costs and profit margins in response to a depreciation in the U.S dollar the effect of these actions is to ? |
| A. | shorten the amount of time in which the depreciation leads to smaller trade deficit |
| B. | shorten the amount of time in which the depreciation leads to smaller trade surplus |
| C. | lengthen the amount of time in which the depreciation leads to smaller trade deficit |
| D. | lengthen the amount of time in which the depreciation leads to smaller trade surplus |
| Answer» D. lengthen the amount of time in which the depreciation leads to smaller trade surplus | |