Author Question: Other things equal, an appreciation of the Algerian dinar in relation to the euro will act to ... (Read 94 times)

azncindy619 · **on:** Jun 30, 2018

Other things equal, an appreciation of the Algerian dinar in relation to the euro will act to increase Algerian demand for European goods and to decrease European demand for Algerian goods.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Can the U.S. dollar and the euro both appreciate relative to each other?
a. Yes, both countries can gain in this manner.
b. Yes, provided the central banks agree to permit it.
c. No, if one currency appreciates relative to another, the other depreciates.
d. No, the citizens of the countries would not agree to it.