Remaining Time: 1 hour, 28 minutes. 28 seconds ¥ Question Completion Status: QUE

Question

Remaining Time: 1 hour, 28 minutes. 28 seconds ¥ Question Completion Status: QUESTION 4 The arrows in Figures A-D represent possible movements of the exchonge ro to answer the questions that follow er us dollor ond the quantihy d u st lbiling nd e to uy, Uise these feures Prico Euros pet Dollan) U.S. Dollat ot ions u.s Dol illions of us. Dollar%) Puice u.S. Delar nellar 2 el Milions ofUE dolla and a depreclation of the US. dollar against the euro is represented by Figu ppreciation of the euro d D:B Answers to sove

Explanation / Answer

Appreciation of the Euro against the US dollar means increase in value of Euro and with lesser Euro per dollar it can buy more of dollar which is represented by figure A

Depreciation of US dollar against the euro means increase in supply of dollar for lesser euo which is represented by figure A

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