When depreciation of the US dollar occurs compared to the euro,US residents will find European imports __________,because US residents need _________ dollars to purchase each euro.
A)more expensive; more
B)more expensive; fewer
C)less expensive; more
D)less expensive; fewer

Question

Quizplus · Accepted Answer

When the US dollar depreciates compared to the euro, it means that each dollar is worth less in terms of euros. Therefore, US residents need more dollars to purchase the same amount of euros, making European imports more expensive for them.

When Depreciation of the US Dollar Occurs Compared to the Euro,US