Question

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.

Answer 1

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.

Answer 2

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