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If the US dollar declines in value, which of the following will experience a relative increase in cost-competitiveness, ceteris paribus: 1. A Chinese manufacturer in

If the US dollar declines in value, which of the following will experience a relative increase in cost-competitiveness, ceteris paribus: 1. A Chinese manufacturer in China that exports its products to the USA 2. A USA manufacturer that produces product domestically and exports to China 3. A Chinese manufacturer that produces goods in the USA and sells those goods in the USA 4. A USA manufacturer producing products in the USA for selling in its domestic markets 5. A Chinese manufacturer producing products in the USA and exports those products to be sold in China 6. All of the above 7. Both 2 & 5 8. None of the above

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