When the Dollar Appreciates Relative to Foreign Currencies, It Means

question 242

Multiple Choice

When the dollar appreciates relative to foreign currencies, it means that

• A) we need more dollars to buy each unit of another currency.
• B) we can buy less foreign currency with a given amount of dollars.
• C) the value of foreign currencies decreased relative to our dollar.
• D) foreigners need less of their currency to buy one dollar.

---

Definitions:

Shares

Units of ownership interest in a corporation or financial asset, which provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Merger Control Statutes

Laws and regulations that govern the merging of companies to prevent anti-competitive practices and ensure market fairness.

Competition

The rivalry among businesses or individuals within a marketplace, aiming for greater sales, market share, and customer loyalty.

Aggressor

An individual, group, or nation that initiates hostile action or unprovoked attack against others.