Question: 1. If, in late 2015, 100 U.S. dollars exchanged for 118 euros and by mid-2017 100 U.S. dollars exchanged for 127 euros, then: highlight your

1.If, in late 2015, 100 U.S. dollars exchanged for 118 euros and by mid-2017 100 U.S. dollars exchanged for 127 euros, then: highlight your answer

A.

the euro appreciated relative to the dollar.

....

B.

the dollar appreciated relative to the euro.

C.

European goods became more expensive for US consumers.

.

D.

US goods became more expensive for US consumers.

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