In: Economics
A decrease in the value of the dollar is called_____ and will result in a _____
Select one:
a. appreciation of the dollar, a increase in exports and decrease in imports
b. appreciation of the dollar, a decrease in exports and an increase in imports
c. depreciation of the dollar, a increase in exports and decrease in imports
d. depreciation of the dollar, a decrease in exports and an increase in imports
If we talk in simple terms then when any currency value decreases then we called that the currency depreciates
so here the dollar is depreciating
now when any currency depreciates then it will lead to increase in export and decrease in import
so the correct answer here is option C