The exchange rates between the Australian dollar and the U.S.dollar were as follows: This chart shows a
A)strengthening Australian Dollar which makes it less expensive for Americans to buy Australian goods.
B)weakening Australian dollar which makes it less expensive for Americans to buy Australian goods.
C)strengthening Australian dollar which makes it more expensive for Americans to buy Australian goods.
D)weakening Australian dollar which makes it more expensive for Americans to buy Australian goods.

Question

The exchange rates between the Australian dollar and the U.S.dollar were as follows:  This chart shows a
A)strengthening Australian Dollar which makes it less expensive for Americans to buy Australian goods. 
B)weakening Australian dollar which makes it less expensive for Americans to buy Australian goods. 
C)strengthening Australian dollar which makes it more expensive for Americans to buy Australian goods. 
D)weakening Australian dollar which makes it more expensive for Americans to buy Australian goods.

Quizplus · Accepted Answer

According to the chart, the exchange rate between the Australian dollar and the U.S. dollar has been steadily increasing, meaning that the Australian dollar is strengthening relative to the U.S. dollar. This, in turn, makes it more expensive for Americans to buy Australian goods, as they would need to exchange more U.S. dollars to obtain the same amount of Australian dollars.

The Exchange Rates Between the Australian Dollar and the U