If the dollar appreciates relative to other currencies, which of the following is true?

Question

Quizplus · Accepted Answer

When the dollar appreciates relative to other currencies, it becomes stronger, meaning that more of the foreign currency is needed to buy the same amount of dollars. This does not mean it takes more dollars to buy foreign currencies (which would be a depreciation of the dollar), nor does it directly lead to an increase in U.S. exports or foreign purchases of U.S. goods; in fact, it often makes U.S. goods more expensive abroad, potentially reducing exports and foreign purchases of U.S. goods.

If the Dollar Appreciates Relative to Other Currencies, Which of the Following