Question 19 When a country's currency depreciates against the currencies of major trading partners: a. The country's exports tend to fall and imports rise. b. The country's exports tend to rise and imports fall. c. The country's exports tend to rise and imports rise. d. The country's exports tend to fall and imports fall.
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This makes the country's goods and services cheaper for foreign buyers, which would lead to an increase in exports. On the other hand, it also makes foreign goods and services more expensive for the country's residents, which would lead to a decrease in imports. Show more…
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