When foreign currencies can buy more U.S.dollars, U.S.
A)products are more expensive and worth less to foreign customers.
B)products are more expensive and worth more to foreign customers.
C)products are less expensive and worth more to foreign customers.
D)economists consider it an indicator of an impending long-term economic down swing.
E)American consumers buy in large quantities and stockpile in fear of an impending economic crisis.

Question

Quizplus · Accepted Answer

When foreign currencies can buy more U.S. dollars, it means the exchange rate has increased, making U.S. products less expensive for foreign customers. As a result, U.S. products appear more affordable and valuable in foreign markets, leading to an increase in exports and demand for U.S. goods.

When Foreign Currencies Can Buy More U.S.dollars, U.S