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