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Which one of the following would NOT be an appropriate response for a U.S. exporter to appreciation of the dollar? Note: Elastic here means that

Which one of the following would NOT be an appropriate response for a U.S. exporter to appreciation of the dollar?

Note: "Elastic" here means that the demand moves significantly to small price changes, whereas "inelastic" means demand does not change much in response to price changes.

Group of answer choices

A;move some production offshore if the appreciation were expected to persist for an extended period

B;raise the foreign currency price if the dollar appreciation was expected to be temporary and the cost of regaining market share was minimal

C;keep the foreign currency price constant if demand is quite elastic

D; lower the foreign currency price if demand is inelastic for the product

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