2B8B IF THE U.S. DOLLAR APPRECIATED AGAINST THE BRITISH POUND, OTHER...

193.

CSO: 2B8a

LOS: 2B8b

If the U.S. dollar appreciated against the British pound, other things being equal, we

would expect that

a.

the British demand for U.S. products would increase.

b.

U.S. demand for British products would decrease.

c.

U.S. demand for British products would increase.

d.

trade between the U.S. and Britain would decrease.