The dollar appreciates when U.S. demands for foreign currencies decrease.

Name: The dollar appreciates when U.S. demands for foreign currencies decrease.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

The opposite is true. The dollar appreciates when U.S. demands for foreign currencies increase, as it means that other countries are buying more U.S. goods and services and investing in the U.S. economy, increasing the demand for dollars. When demand for foreign currencies increases, the value of the dollar will decrease.

The Dollar Appreciates When U