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All Else Equal, an Appreciation of the U

Question 96

Multiple Choice

All else equal, an appreciation of the U.S. dollar against the euro makes


A) both European goods and U.S.goods more expensive in the U.S.
B) both European goods and U.S.goods cheaper in the U.S.
C) European goods cheaper in the U.S.and U.S.goods more expensive in Europe.
D) European goods more expensive in the U.S.and U.S.goods cheaper in Europe.
E) U.S.goods cheaper in everywhere other than Europe.

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