Which One of the Following Statements Is Correct Assuming That

question 23

Multiple Choice

Which one of the following statements is correct assuming that exchange rates are quoted as units of foreign currency per dollar?

• A)The exchange rate moves opposite to the value of the dollar.
• B)The exchange rate is unaffected by differences in the inflation rates of the two countries.
• C)The exchange rate falls as the dollar strengthens.
• D)When a foreign currency appreciates in value it strengthens relative to the dollar.
• E)The exchange rate rises when the U.S.inflation rate is higher than the foreign country's.

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A condition giving rise to difficulties in acquiring knowledge and skills to the level expected of those of the same age, especially when not associated with a physical handicap.

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