In European terms, when the exchange rate for the U.S. dollar increases:
A) the dollar has appreciated.
B) the dollar has depreciated.
C) the euro has appreciated.
D) the dollar has weakened.

Question

Quizplus · Accepted Answer

In European terms, when the exchange rate for the U.S. dollar increases, it means that more euros are needed to purchase one U.S. dollar. This indicates that the value of the U.S. dollar has increased relative to the euro, or in other words, the U.S. dollar has appreciated.

In European Terms, When the Exchange Rate for the U