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If the exchange rate value of the euro goes from us 115 to


If the exchange rate value of the euro goes from U.S. $1.15 to U.S. $1.05, then:

A. The euro has appreciated, and Europeans will find U.S. goods cheaper.

B. The euro has appreciated, and Europeans will find U.S. goods more expensive.

C. The euro has depreciated, and Europeans will find U.S. goods more expensive.

D. The euro has depreciated, and Europeans will find U.S. goods cheaper

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Financial Management: If the exchange rate value of the euro goes from us 115 to
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