If the U.S. dollar depreciates against the euro, it will be more expensive for European countries to purchase U.S.-made products.

Answer the following statement true (T) or false (F)

False

If the dollar depreciates against the euro, U.S.-made goods will become cheaper for Europeans.

Economics

You might also like to view...

Which of the following statements is true regarding part-time workers?

A) Part-time workers who are part-time for economic reasons are included in the unemployment rate, but part-time workers who are part time for noneconomic reasons are not included in the unemployment rate. B) The percentage of workers who are part time due to non-economic reasons rise significantly during recessions. C) The percentage of workers who are part time due to non-economic reasons is about the same percentage as those who are voluntary reasons. D) Part-time workers are divided those who voluntary choose part-time work and those who work part-time due to economic reasons. E) The percentage of workers who are part time due to economic reasons does not change much over the business cycle.

Economics

The president of a company is told that the fixed costs next year will be higher than anticipated. Even so he has told his operations managers that this should not affect their production levels. Comment on this statement

What will be an ideal response?

Economics