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Which statement below is correct when the exchange rate increases for U.S. dollars per one Euro? The indirect exchange rate for Euros has increased. A
Which statement below is correct when the exchange rate increases for U.S. dollars per one Euro?
The indirect exchange rate for Euros has increased. | ||
A company that has a receivable denominated in Euros experienced a loss. | ||
The U.S. dollar has experienced a weakening relative to the Euro. | ||
Imports from Europe to the U.S. are less expensive. |
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