When the Dollar Appreciates Relative to Foreign Currencies, It Means

question 49

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:

Bailment

The temporary placement of control over, or possession of personal property by one person, the bailor, into the hands of another, the bailee, for a specific purpose.

Personal Property

All types of property other than real estate, including movable assets like cars, electronics, and furniture.

Agreement

A mutual understanding or arrangement between two or more parties, often formalized by a contract.

Bailment

The legal relationship where one party, the bailor, temporarily hands over control of property to another, the bailee, for a specific purpose.