If the dollar appreciates against the Irish punt, A) the U.S. price o

If the dollar appreciates against the Irish punt,

A) the U.S. price of Irish goods will rise.
B) the U.S. exports to Ireland will fall.
C) then the punt also appreciates against the U.S. dollar.
D) the U.S. inflation rate will have a tendency to rise.
E) the Irish exports to the U.S. should decline.

ANSWER

B