A U.S.company exports products to Russia.The prices of the U.S.products in Russia are going up because the value of the dollar has ________ against Russia's currency.

Question

Quizplus · Accepted Answer

When the value of the dollar rises against another currency, it means that you need more of the foreign currency to buy the same amount of dollars. This makes U.S. products more expensive in the foreign country, in this case, Russia.

A USCompany Exports Products to Russia