A strengthening of the U.S. dollar relative to the euro can cause problems for
A)American exporters.
B)American importers.
C)European manufacturers.
D)American banks.

Question

Quizplus · Accepted Answer

A strengthening of the U.S. dollar means that the dollar can buy more euros, making European products for American consumers more expensive. As a result, American exporters may find it more difficult to compete with European competitors who can offer lower prices for their goods.

A Strengthening of the U