Question 1
In the foreign exchange market, what is the exchange rate?
Question 2
If the U.S. dollar appreciates, what happens to the dollar's value relative to other currencies?
Question 3
How does a stronger domestic currency usually affect net exports?
Question 4
What happens to a country's exports when its currency depreciates?
Question 5
Which change would most likely increase the demand for U.S. dollars in the foreign exchange market?