True or False for the first 2 questions?

1. U.S exports create a demand for foreign currencies


2. Foreign imports of U.S goods create a supply of foreign currencies


3. Explain


4. Would a decline In U.S consumer income or a weakening of U.S preferences for foreign products cause the dollar to appreciate or depreciate?


5. Oter things equal, what would be the effects of that depreciation or appreciation on U.S exports and imports?True or False for the first 2 questions?
1. False


2. True