Which of the Following Groups Is Likely to Be Hurt

question 3

Multiple Choice

Which of the following groups is likely to be hurt economically if the value of the U.S. dollar rises relative to the euro?

• A) American firms with euro-dominated loans
• B) American farmers exporting goods to Europe
• C) European firms exporting goods to the United States
• D) American tourists visiting Europe

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Definitions:

July Silver Contract

A futures contract for the delivery of a specified amount of silver in the month of July.

Marking-To-Market

The accounting practice of updating the value of an asset to its current market level rather than its book value, typically used for financial instruments.

S&P 500 Index

An American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.

June Contract

A June contract refers to a futures contract or an options contract that expires in the month of June.