If one U.S. dollar equaled one euro last year, and then the exchange rate shifted so that today one dollar equals two euros, which of the following will most likely occur?
A)Europeans will purchase more U.S. products.
B)Americans will have a lower standard of living.
C)Americans will cancel vacations to Europe.
D)Europeans will purchase fewer U.S. products.

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The Answer of If one U.S. dollar equaled one euro last year, and then the exchange rate shifted so that today one dollar equals two euros, which of the following will most likely occur?
A)Europeans will purchase more U.S. products.
B)Americans will have a lower standard of living.
C)Americans will cancel vacations to Europe.
D)Europeans will purchase fewer U.S. products.

If One US Dollar Equaled One Euro Last Year, and Then the Then