Fredgraph TWEXBPA

1. The US dollar ($) depreciated significantly during three periods: 1980-85, 1995-2001, and 2015-2019.

True

False

2. Comparing the U.S. dollar ($) exchange rate to Figure 1 in Chapter 18 of the textbook shows that net exports (NX) tend to increase significantly when the exchange rate appreciates.

True

False

Please give me the correct answer with explanation and conclusion as well