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Solution
Answer-I and IV
If dollar depreciates w.r.t other foreign currencies ,the foreign goods being imported into U.S will become more expensive since for the same good at the same price in foreign currency,more dollars will have to be paid,whereas the US goods will become cheaper on exporting to other countries in their currency because now they will have to pay lesser currency of their own for same price of product in dollars.Thus exports will become more competitive and imports lesser competitive.
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