The dollar is said to appreciate against the euro if the exchange rate
A) rises.Other things the same, it will cost fewer euros to buy U.S.goods.
B) falls.Other things the same, it will cost more euros to buy U.S.goods.
C) falls.Other things the same, it will cost fewer euros to buy U.S.goods.
D) rises.Other things the same, it will cost more euros to buy U.S.goods.
Correct Answer:
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