If the value of the euro increases relative to the U.S. dollar, then French goods will be less expensive in the United States.

Question

Quizplus · Accepted Answer

If the value of the euro increases relative to the U.S. dollar, it means that more dollars are needed to buy the same amount of euros. This makes French goods, which are priced in euros, more expensive for consumers in the United States when converted back to dollars.

If the Value of the Euro Increases Relative to the U.S