Question

The decline in the value of the dollar in the first half of 2017 resulted in​ ________ dollar prices for goods imported into the United States and​ ________ prices in foreign currencies for U.S. goods exported to other countries. A. ​lower; lower B. ​higher; lower C. ​higher; higher D. ​lower; higher

Answer 1

The decline in the value of the dollar in the first half of the 2017 resulted in higher dollar prices for goods imported into the United States and lower prices in foreign currencies for the U.S.goods exported to other countries.

(A weak dollar buys less foreign goods and thus increases prices of imports,on the other hand a weak dollar makes goods cheaper to the foreigners and thus makes price of exports cheaper,thus lowering prices in foreign currencies for the U.S goods exported to other countries)