contestada

Choose the correct statement.
A. The U.S. dollar has​ high-frequency fluctuations against the yuan and the​ yen, and smooth changes against the euro.
B. The U.S. dollar has​ high-frequency fluctuations against the euro and the​ yen, and smooth changes against the yuan.
C. The U.S. dollar has depreciated against the yen since 2012.
D. The U.S. dollar has consistently depreciated against the euro since 2000.

Respuesta :

karollyra

Letter B is the correct answer.

The U.S dollar has demonstrated high fluctuations against the Euro and the yen, but not as much against the yuan. As every other currency, the dollar price of the United States changes based on the supply and demand in the foreign exchange market. What causes the U.S dollar price to increase is the high demand for the dollar or the shortage in its supply.  

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