When the euro falls in value relative to other currencies,then
A)goods imported into Europe rise in price.
B)European exports rise in price.
C)neither European exports nor imports rise in price.
D)both European exports and imports rise in price.

Question

Quizplus · Accepted Answer

When the euro falls in value relative to other currencies, goods imported into Europe become more expensive for Europeans to buy because they need more euros to purchase the same amount of goods.

When the Euro Falls in Value Relative to Other Currencies,then