[Answer] Suppose that the United States and China trade exclusively with each other. What will happen to the value of the U.S. dollar ceteris paribus if American produced tires are better than Chinese produced tires?

Answer: The U.S. dollar will appreciate.
Suppose that the United States and China trade exclusively with each other. What will happen to the value of the U.S. dollar ceteris paribus if American produced tires are better than Chinese produced tires?

Also in the U.S . specific case government regul…

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