Answered

Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Join our Q&A platform and connect with professionals ready to provide precise answers to your questions in various areas. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Which statement describes a strong U.S. dollar? The exchange rate between the U.S. dollar and the yen changes from 1:95 to 1:102. The exchange rate between the U.S. dollar and the euro changes from 1:95 to 1:92. The exchange rate between the U.S. dollar and the euro remains 1:95.

Sagot :

lrathburn
The exchange rate between the U.S. dollar and the euro changes from 1:95 to 1:92 describes a strong United States dollar.
millermoldwarp

Correct answer:

The exchange rate between the U.S. dollar and the euro changes from 1:95 to 1:92.

In the first statement despite having a change from 1:95 to 1: 102 between the US dollar, does not describe a strong US dollar because the relationship is not growth. On the other hand, the change from 1:95 to 1:92 is a growth ratio between the change from dollar to euro. Staying at 1:95 does not mean either growth or a strong US dollar.

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.