When the dollar ‘rises’ compared to other currencies, this means

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When the dollar "rises" compared to other currencies, this means

Ms. Juana Fadel · Accepted Answer

Ppl  trust in it more then other currencies Explanation:

Ms. Juana Fadel · Answer

A)Those who export products overseas.Explanation:Those who export products overseas are being payed in dollars by those who are importing in the U.S. Since the dollars is worth more money to them, now, even though they're paid the same amount, they're making more money in their country. Those importing products from overseas on the other hand, are paying more for the same product, even though the value in dollars of the goods hasn't changed, the dollars itself has.

Ms. Juana Fadel · Answer

B) it takes fewer dollars to equal a unit of foreign currency.Explanation:A rise in a currency means that its demand rises. When the value of dollar goes up, it means that the purchasing power of the currency has increased compared to other currencies. The increase may be as a result of high trading rate in the economy. A rise in dollar value in this case, means that its demand rises , rise in demand results to proportionate increase in the amount required to afford a single dollar. In general, a rise in dollar means that it takes fewer dollar to equal a unit of foreign currency.

Ms. Juana Fadel · Answer

it takes fewer dollars to equal a unit of foreign currency.Explanation:

Ms. Juana Fadel · Answer

Those who import products from overseas Explanation:Those who import products from overseas. A strong dollar increases its purchasing power overseas, which helps importers buy goods to ship here.Correct on USATESTPREP! 🙂

Ms. Juana Fadel · Answer

Those who import products from overseas.

Ms. Juana Fadel · Answer

When the dollar "rises" compared to other currencies, the group benefits the most is those who export products overseas.Option AExplanation:When the value of dollar increases as compared to other countries, the people who export their products overseas benefit the most, because, when they export their product they get paid in dollars which obviously has more monetary value than their country's currency and hence they get more money in their hands in their country. The people who import their products from other country with dollar, they have to pay more for the product even though the price of the product  in dollars has not changed.

Ms. Juana Fadel · Answer

From what I understand, you mean when the dollar's value increases on the open market. This means that it takes more of a currency to get to 1 USD. Take Thai Baht for example (THB). Typically, it takes approx. 30 THB to get to 1 USD. So when the value of the USD rises, it can take up to 36 THB to get to 1 USD. Make sense?

Ms. Juana Fadel · Answer

Those who import products from overseas.

Ms. Juana Fadel · Answer

When dollar "rises" above other currencies, it would basically mean that it would take "a fewer dollars to equal a unit of foreign currency." The group that would benefit most from this would be the government and the federal reserve. The American consumers would also get benefited from the amount of dollar would rise.

Prof. Scot Emard

When the dollar ‘rises’ compared to other currencies, this means

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