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Must give explanation why... Exports are a significant consideration for the well-being of any country. If America's exchange rate suddenly and unexpectedly appreciates relative to

Must give explanation why...

Exports are a significant consideration for the well-being of any country. If America's exchange rate suddenly and unexpectedly appreciates relative to the Euro, then what impact might this have on the respective economies?

Europe's exports would likely increase.

America's exports would likely increase.

Europe's export's would likely decrease.

The currency movement should have no impact on export between America and Europe.

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