Figure 18-1
-Refer to Figure 18-1.The appreciation of the euro is represented as a movement from
A)D to A.
B)D to C.
C)B to C.
D)A to C.
E)A to B.

Question

Figure 18-1 
-Refer to Figure 18-1.The appreciation of the euro is represented as a movement from
A)D to A. 
B)D to C. 
C)B to C. 
D)A to C. 
E)A to B.

Quizplus · Accepted Answer

The appreciation of the euro is represented by a movement from D to A, where the exchange rate goes from 1.20 dollars/euro to 1.40 dollars/euro, indicating an increase in the value of the euro relative to the dollar.

Figure 18-1 -Refer to Figure 18-1.The Appreciation of the Euro Is Represented