Everything else equal, what is the consequence of an increase in the EUR/USD? a. The $...

 

Transcribed Image Text:

Everything else equal, what is the consequence of an increase in the EUR/USD? a. The $ has depreciated and European exports to the U.S. are now less expensive. O b. The $ has appreciated and U.S. exports to Europe are now more expensive. O c. The $ has depreciated and European exports to the U.S. are now more expensive. O d. The $ has appreciated and U.S. exports to Europe are now less expensive. Everything else equal, what is the consequence of an increase in the EUR/USD? a. The $ has depreciated and European exports to the U.S. are now less expensive. O b. The $ has appreciated and U.S. exports to Europe are now more expensive. O c. The $ has depreciated and European exports to the U.S. are now more expensive. O d. The $ has appreciated and U.S. exports to Europe are now less expensive.

Answer rating: 100% (QA)

The detailed answer for the above question is prov... View the full answer