Other things the same,which of the following could be a consequence of an appreciation of the U.S.real exchange rate?
A)John,a French citizen,decides that Iowa pork is now relatively less expensive and orders more for his restaurant.
B)Nick,a U.S.citizen,decides that the trip to Nepal he's been thinking about is now affordable.
C)Roberta,a U.S.citizen,decides to import fewer windshield wipers for her auto parts company.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

An appreciation of the U.S. real exchange rate makes foreign goods and services relatively cheaper for U.S. citizens, making foreign travel more affordable for them.

Other Things the Same,which of the Following Could Be a Consequence