Year 1 Year 2 Euro per US $ 0.8210 0.8285 Sing $ per Brazilian real 0.5660 0.574

Question

                                                 Year 1      Year 2

Euro per US $                      0.8210       0.8285

Sing $ per Brazilian real    0.5660      0.5740

Brazilian real per erou       3.7350      3.7150

US $ per Sing $

Then it follows that:

a. The Brazilian real has grown weaker versus the euro

b. The US $ has grown stronger versus the Sing $

c. The euro has grown stronger versus the US $

d. The Sing $ has grown stronger against the Brazilian real

e. The euro has grown stronger against the Brazilian real    

Explanation / Answer

A. The euro has grown stronger versus the US$.

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