Who is most likely to benefit when the dollar appreciates against the euro?
A) U.S. buyers of foreign goods
B) Foreign buyers of U.S. goods
C) U.S. buyers of U.S. goods
D) Foreign buyers of foreign goods

Question

Quizplus · Accepted Answer

When the dollar appreciates against the euro, it means that each dollar can buy more euros. This benefits U.S. buyers of foreign goods because they can now purchase these goods at a lower cost when converting their dollars to euros.

Who Is Most Likely to Benefit When the Dollar Appreciates