When the American dollar began to show strength against a variety of world currencies, what effect did it have on American companies with a strong international presence?
A) significant earnings increase
B) significant increase in American exports
C) significant earnings decrease
D) significant increase in trade surplus

Question

Quizplus · Accepted Answer

When the American dollar strengthens against other currencies, it makes American goods more expensive abroad, potentially reducing international sales and earnings for American companies with a strong international presence.

When the American Dollar Began to Show Strength Against a Variety