When the exchange rate between the US dollar and the euro changes from $1.16 per euro to $0.95 per euro, everything else held constant, the euro has ______ and _______ expensive.

Select one:

appreciated; European jeans sold in the U.S. become less

depreciated; American jeans sold in Europe become more

depreciated; American jeans sold in Europe become less

appreciated; European jeans sold in the U.S. become more

please explain otherwise downvote and report