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An appreciation of the U. S. dollar would a. encourage foreigners to invest in t

ID: 1199890 • Letter: A

Question

An appreciation of the U. S. dollar would
    a. encourage foreigners to invest in the United States
    b. discourage foreigners from buying U. S. goods
    c. discourage the travel abroad of U. S. citizens
    d. encourage foreign travel in the United States An appreciation of the U. S. dollar would
    a. encourage foreigners to invest in the United States
    b. discourage foreigners from buying U. S. goods
    c. discourage the travel abroad of U. S. citizens
    d. encourage foreign travel in the United States

Explanation / Answer

An appreciation of the U.S. dollar would encourage foreigners to invest in the United States. The correct answer is option (A). It is going to increase trade in the states more and earn good economic status in the world. This rises due to increase in the exchange in the currency.

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