If the demand by foreigners for U.S. government securities increased, other things being equal, it would tend

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If the demand by foreigners for U.S. government securities increased, other things being equal, it would tend to

a. increase the exchange value of the dollar and increase U.S. merchandise exports.

b. increase the exchange value of the dollar and decrease U.S. merchandise exports.

c. decrease the exchange value of the dollar and increase U.S. merchandise exports.

d. decrease the exchange value of the dollar and decrease U.S. merchandise exports.

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