When Foreign Currencies Can Buy More U.S. Dollars

question 139

Multiple Choice

When foreign currencies can buy more U.S. dollars,

• A) U.S. products are more expensive to foreign customers.
• B) U.S. products are more expensive to U.S. customers.
• C) U.S. products are less expensive to foreign customers.
• D) economists consider it an indicator of an impending long-term economic upturn.
• E) American consumers will buy in large quantities and stockpile in fear of an impending economic crisis.

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Definitions:

Netherlands Guilders

The former currency of the Netherlands before the adoption of the euro, historically used in various Dutch territories.

U.S. Currency Value

The worth or purchasing power of the United States dollar in domestic and international markets.

Saudi Arabian Riyals

The official currency of Saudi Arabia, used for all financial transactions within the country.

U.S. Dollars

The official currency of the United States, commonly represented by the symbol $.