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When the international value of the US dollar increases a. Americans pay more for foreign goods b. The US trade deficit decreases c. US imports
When the international value of the US dollar increases
a. Americans pay more for foreign goods
b. The US trade deficit decreases
c. US imports decrease
d. Americans would demand less foreign currency
e. US exports decrease.
Coursehero expert answers says b. US trade deficit decreases. Shouldn't the answer be e. US exports decrease. A strong dollar will decrease exports and increase imports, which will actually increase trade deficit, not reduce it. So b. seems like the wrong answer. Answer should be e. US exports decrease, right?
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