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When a country's currency depreciates, 6) ______ A) foreigners find that its exports are more expensive, and domestic residents find that imports...
When a country's currency depreciates, 6) ______
A) foreigners find that its exports are more expensive, and domestic residents find that imports
from abroad are cheaper.
B) foreigners are not affected, but domestic residents find that imports from abroad are more
expensive.
C) foreigners find that its exports are more expensive, and domestic residents find that imports
from abroad are more expensive.
D) foreigners find that its exports are cheaper; however, domestic residents are not affected.
E) None of the above.
this question I think should choose C but the teacher gives the answer is E, could you please tell me why?