Question

How would depreciation of the dollar affect the U.S. trade balance?

It would increase domestic exports and imports.
It would decrease domestic exports and imports.
It would increase exports and decrease imports.
It would decrease exports and increase imports.

Answer 1

Oh, I know this one for sure;
When dollar is cheap, domestic products seem cheaper for other countries so more export.
Foreign product become more expensive, so less import

more export, less import

Answer 2

so c alright
!!

Answer 3

yep