Any event that increases the U.S.demand for euros should result in a(an)_______ in the value of the euro with respect to _______,other things being equal.
A) increase;U.S. dollar
B) increase;nondollar currencies
C) decrease;nondollar currencies
D) decrease;U.S. dollar

Question

Quizplus · Accepted Answer

An increase in U.S. demand for euros would mean more U.S. dollars are being exchanged for euros, increasing the demand for euros and therefore their value relative to the U.S. dollar. Other currencies are not mentioned in this scenario and therefore cannot be accurately assessed.

Any Event That Increases the U