If the dollar appreciates against the Euro, this change will be favorable to U.S. importers of European wine.

Name: If the dollar appreciates against the Euro, this change will be favorable to U.S. importers of European wine.
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Question

Quizplus · Accepted Answer

When the dollar appreciates against the Euro, it means that each dollar can buy more Euros. This increases the purchasing power of U.S. importers, making European goods, including wine, cheaper in dollar terms, which is favorable for importers.

If the Dollar Appreciates Against the Euro, This Change Will