If a foreign currency appreciates,that country's goods and services become relatively more expensive for U.S. buyers.

Name: If a foreign currency appreciates,that country's goods and services become relatively more expensive for U.S. buyers.
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Question

Quizplus · Accepted Answer

If a foreign currency appreciates, it means that it has increased in value compared to the U.S. dollar. This means that U.S. buyers will need to spend more U.S. dollars to purchase goods/services from that country, making them relatively more expensive.

If a Foreign Currency Appreciates,that Country's Goods and Services Become