Question: When the exchange rate for the euro changes from $1.00 to $1.20, then, holding everything else constant, the euro has A appreciated and German cars
When the exchange rate for the euro changes from $1.00 to $1.20, then, holding everything else constant, the euro has A appreciated and German cars sold in the United States become less expensive. B. depreciated and American wheat sold in Germany becomes less expensive. C. appreciated and German cars sold in the United States become more expensive. D. depreciated and American wheat sold in Germany becomes more expensive
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