If during the Christmas season, many Europeans fly to New York and Boston to shop for gifts, claiming that their money seems to go much further in the United States than it does in their own countries, this would suggest that the U.S. dollar was weak relative to the euro.

Question

Quizplus · Accepted Answer

If Europeans feel that they can purchase more with their euros in the United States than they can at home, it suggests that the euro is stronger relative to the U.S. dollar. It means that each euro can buy more U.S. dollars, making shopping cheaper for Europeans in the United States.

If During the Christmas Season, Many Europeans Fly to New