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Economics
MEDIUM
ENGLISH
Economics
If export contracts are written in terms of foreign currency and import contracts are denominated in domestic currency a depreciation of the dollar during the currency contract period ?
A
should increase the dollar value of exports
Option A
B
should not have any effect on the dollar value of U.S imports
Option B
C
must increase the balance of trade
Option C
All of the above
Correct answer
Correct answer: D
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