A developing country's economy is based on exporting raw materials to the United States. The country sells raw materials for U.S
. dollars and converts them to its own currency at current exchange rates. The table shows these exchange rates for the years 1990 to 2020.
Based on the graph, which conclusion best describes the country's economic situation between 2000 and 2010?
A.The country experienced lower levels of inflation compared to the U.S
B.The country received more of its own currency when converting each U.S. dollar.
C.The country's exchange rate became fixed to the value of the U.S. dollar.
D.The country's currency became more valuable compared to the U.S. dollar.
Based on the graph, which conclusion best describes the country's economic situation between 2000 and 2010?
A.The country experienced lower levels of inflation compared to the U.S
B.The country received more of its own currency when converting each U.S. dollar.
C.The country's exchange rate became fixed to the value of the U.S. dollar.
D.The country's currency became more valuable compared to the U.S. dollar.
1 answer:
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