Assume the European Euro is increasing in exchange value compared to the U.S. dollar. Who will benefit most in this situation?

History

2 answers:

Alika [10]3 years ago

7 0

Answer:

If the European Euro increased in exchange value compared to the U.S. dollar, a European company that imports electronics from the U.S. would benefit most in this situation.

Explanation:

This situation would benefit European companies that import American products, since they would need less Euros to buy the same amount of products as before, or, in other words, they could buy more goods with the same amount of money.

This would happen because the dollar would be cheaper for European companies, so their purchasing power would increase.

geniusboy [140]3 years ago

4 0

I think the answer is B

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