One impact of a rise in the dollar's value is that
A)imports become cheaper for the U.S. consumer.
B)exports will increase sharply.
C)U.S. goods will become cheaper overseas.
D)U.S. goods are cheaper domestically.

Question

Quizplus · Accepted Answer

When the dollar's value rises, it means the U.S. currency is stronger compared to other currencies, making imports cheaper for U.S. consumers as they need fewer dollars to buy the same amount of foreign goods.

One Impact of a Rise in the Dollar's Value Is