"While watching the financial news on TV, you hear an internationally recognized economist say that she expects a significant devaluation of the U.S. dollar. If she is correct, what would be the likely effect on foreign trade?
I) The price of foreign goods would decrease, leading to an increase in imports.
II) The price of foreign goods would increase, leading to a decrease in imports.
III) The price of U.S.-made goods would decrease, leading to an increase in exports.
IV) The price of U.S.-made goods would increase, leading to a decrease in exports.
A)I and III only
B)I and IV only
C)II and III only
D)II and IV only"