An appreciation in the value of the U.S.dollar against the British pound would tend to:
A) Discourage the British from buying American goods
B) Discourage Americans from buying British goods
C) Increase the number of dollars that could be bought with a pound
D) Discourage U.S.tourists from traveling to Britain

Question

Quizplus · Accepted Answer

An appreciation of the U.S. dollar means it becomes more expensive for the British to buy American goods, as they need more pounds to exchange for the same amount of dollars, thus discouraging them from purchasing American products.

An Appreciation in the Value of the U