Under a floating exchange-rate system, if the U.S. dollar depreciates against the Swiss franc:
A. American exports to Switzerland will be cheaper in francs
B. American exports to Switzerland will be more expensive in francs
C. American imports from Switzerland will be cheaper in dollars
D. None of the above
A. American exports to Switzerland will be cheaper in francs
B. American exports to Switzerland will be more expensive in francs
C. American imports from Switzerland will be cheaper in dollars
D. None of the above