Use the following to answer questions :
Scenario: Exchange Rates
The value of a euro goes from US$1.25 to US$1.50.
-(Scenario: Exchange Rates) Look at the scenario Exchange Rates. In the United States, exports will _____ and imports will _____.

Question

Quizplus · Accepted Answer

The value of the euro has increased against the US dollar, making it more expensive for US consumers to buy European goods (imports) and cheaper for European consumers to buy US goods (exports).

Use the Following to Answer Questions