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If a country experiences high inflation relative to the u.s., its exports to the u.s. should ________, its imports should ________, and there is ________ pressure on its currency's equilibrium value.
If a country experiences high inflation relative to the u.s., its exports to the u.s. should ________, its imports should ________, and there is ________ pressure on its currency's equilibrium value.
a. decrease; decrease; upward
b. decrease; increase; upward
c. decrease; increase; downward
d. increase; decrease; upward
e. increase; decrease; downward