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Exchange Rates and Net Exports
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Exchange Rates and Net Exports
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23. Exchange Rates / Exchange Rates and Net Exports / Problem 2
Problem 2
If the euro depreciates against the US dollar, what happens to the US dollar in relation to the euro?
A
The US dollar depreciates against the euro.
B
The US dollar appreciates against the euro.
C
The US dollar becomes less valuable than the euro.
D
The US dollar remains unchanged against the euro.
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