Economy, asked by mozocreation7228, 1 year ago

If the euro depreciates relative to the dollar, are american goods more or less expensive? why?

Answers

Answered by writersparadise
0

The answer is more expensive.

If the Euro depreciates relative to the dollar, American goods are more expensive. Their prices increase and become more expensive for the European customer. In other words, the customer would have to pay more than what he did before for buying the goods imported from America in his country. This is because the dollar has a higher market rate than the Euro.

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