The following graph depicts a change in the market for the U.S. dollar. According to the graph, is the dollar appreciating or depreciating? What is happening to the price of U.S.-made goods as seen by foreigners? Who benefits and who loses from this change?

Question

The following graph depicts a change in the market for the U.S. dollar.  According to the graph, is the dollar appreciating or depreciating? What is happening to the price of U.S.-made goods as seen by foreigners? Who benefits and who loses from this change?

Quizplus · Accepted Answer

The Answer of The following graph depicts a change in the market for the U.S. dollar.  According to the graph, is the dollar appreciating or depreciating? What is happening to the price of U.S.-made goods as seen by foreigners? Who benefits and who loses from this change?

The Following Graph Depicts a Change in the Market for the U.S