subject
History, 19.04.2021 16:20 joey4843

In 2008, the exchange rate between euros and US dollars was 1 euro for $1.55. In 2019, the rate was 1 euro for $1.12. Based on this information, which conclusion can be drawn about the value of the euro in international trade?

A.
In 2019, the United States had to lower its prices on goods sold to European nations.
B.
In 2019, European nations could purchase fewer US goods than they could for the same price in 2008.
C.
In 2019, European nations could purchase more US goods than they could for the same price in 2008.
D.
In 2019, the United States had to raise its prices on goods sold to European nations.

ansver
Answers: 3

Another question on History

question
History, 22.06.2019 04:00
31/3: which equation has the solutions x =?
Answers: 1
question
History, 22.06.2019 09:00
Name 3 significant impacts of the tet offensive on the outcome of the war, it's participants, or the public image of the war.
Answers: 1
question
History, 22.06.2019 22:00
Would an american who supported a strong national government be more likely to vote for a federalist or a demorcatic
Answers: 1
question
History, 23.06.2019 00:30
After the mycenaeans defeated the minoans, they captured the minoans and enslaved them. they adopted elements of the minoan culture. the minoans built all the ships in peloponnese. the mycenaeans destroyed the island of crete.
Answers: 1
You know the right answer?
In 2008, the exchange rate between euros and US dollars was 1 euro for $1.55. In 2019, the rate was...
Questions
question
Geography, 28.06.2021 18:20
question
Computers and Technology, 28.06.2021 18:20
question
English, 28.06.2021 18:20
Questions on the website: 13722362