An appreciation in the value of the U.S.dollar against the British pound would tend to
A) discourage the British from buying American goods.
B) discourage Americans from buying British goods.
C) increase the number of dollars that could be bought with a pound.
D) discourage U.S. tourists from traveling to Britain.

Question

Quizplus · Accepted Answer

When the U.S. dollar appreciates against the British pound, American goods become more expensive for British consumers, thus discouraging them from buying American goods.

An Appreciation in the Value of the U