The value of the euro has changed significantly since 2002 with the problems experienced by several European economies.This change in value is called
A) interest destabilization.
B) inflation.
C) recession.
D) foreign currency fluctuations.
E) global financial impact.

Question

Quizplus · Accepted Answer

The change in value of the euro since 2002 is due to foreign currency fluctuations, which refers to the fluctuation of exchange rates between different currencies. The economic problems of several European economies have affected the value of the euro relative to other currencies such as the US dollar.

The Value of the Euro Has Changed Significantly Since 2002