contestada

The dollar is said to appreciate against the euro if the exchange rate falls. choose one:
i. Other things the same, it will cost fewer euros to buy U.S. goods. the exchange rate falls. ii. Other things the same, it will cost more euros to buy U.S. goods. the exchange rate rises. iii. Other things the same, it will cost fewer euros to buy U.S. goods. the exchange rate rises. iv. Other things the same, it will cost more euros to buy U.S. goods.

Respuesta :

For equipment purchased from the United States, European businesses will pay less in euros.

What would happen if the US dollar increased in value relative to the euro?

  • The dollar now "buys" more euros if the exchange rate between the two currencies rises to $1 for 0.94€. As a result, purchasing European items is now more affordable.
  • As U.S.-made goods are now more expensive, U.S. exports would decrease while imports from nations that use the euro would increase.
  • An increase in the value of one currency in comparison to another is known as currency appreciation.
  • For a variety of factors, including governmental policies, interest rates, trade balances, and business cycles, currencies appreciate against one another.

learn more about dollar is said to appreciate against the euro here https://brainly.com/question/13825174

#SPJ4

Otras preguntas