European residents who hold U.S. dollar assets experience a _______ in their value when the dollar exchanges for fewer units of foreign currency.

Question

Quizplus · Accepted Answer

If the dollar exchanges for fewer units of foreign currency, this means that the dollar has depreciated in value. Therefore, European residents who hold U.S. dollar assets will experience a decline in the value of their assets in terms of their own currency.

European Residents Who Hold U