In Recent Years, the Value of the Dollar Relative to the Euro

Multiple Choice

In recent years, the value of the dollar relative to the euro has declined. What does this mean for European businesses exporting to the United States?

A) European countries are more likely to import U.S. goods or services.
B) The U.S. trade deficit will most likely become greater.
C) The United States is more likely to increase imports from European countries.
D) European countries are more likely to avoid trade with the United States.