of 20 What would most likely happen if the value of the U.S. dollar rose?

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Question 17 of 20
What would most likely happen if the value of the U.S. dollar rose?
A. Exports would become less expensive.
B. Imports would become less expensive.
C. The United States would develop a trade surplus.
D. The United States would develop a trade deficit.

SnapAndSolve AI · Accepted Answer

B. Imports would become less expensive. When the value of the U.S. dollar rises, it means that the dollar has more purchasing power relative to other currencies. This makes foreign goods and services cheaper for U.S. consumers, leading to less expensive imports.

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of 20 What would most likely happen if the value of the U.S. dollar rose?

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