Asked by Emily Calabrese on May 19, 2024

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Depreciation of the dollar will tend to _______ the prices we pay for our imports and ______ the prices that foreigners pay for our exports.

Depreciation

The process of allocating the cost of a tangible or physical asset over its useful life, reflecting wear and tear or obsolescence.

Imports

Goods and services purchased by a country from other countries.

Exports

Goods or services produced domestically and sold to buyers in another country.

  • Comprehend the impacts of currency valuation on global commerce.
  • Assess the effects of currency value increase and decrease on import and export activities.
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Amber McCauleyMay 26, 2024
Final Answer :
increase;decrease