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Chako Chako
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Posts: 2948
8 years ago
When a country's currency depreciates
A) foreigners find that its exports are cheaper; however, domestic residents are not affected.
B) foreigners are not affected, but domestic residents find that imports from abroad are more expensive.
C) foreigners find that its exports are more expensive, and domestic residents find that imports from abroad are cheaper.
D) foreigners find that its exports are more expensive, and domestic residents find that imports from abroad are more expensive.
E) foreigners find that its exports are cheaper and domestic residents find that imports from abroad are more expensive.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 119 times
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Answer verified by a subject expert
machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Good answer, thank you
wrote...
7 years ago
Good luck
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