question archive ON NOVEMBER 17, 2015, THE PRESIDENT OF THE UNITED STATES OF AMERICA, BARRACK HUSSEIN OBAMA ANNOUNCED THAT THE EXCHANGE RATE BETWEEN European COUNTRIES AND USA WILL MOVE FROM THE MARKET EQUILIBRIUM PRICE OF $1
ON NOVEMBER 17, 2015, THE PRESIDENT OF THE UNITED STATES OF AMERICA, BARRACK HUSSEIN OBAMA ANNOUNCED THAT THE EXCHANGE RATE BETWEEN European COUNTRIES AND USA WILL MOVE FROM THE MARKET EQUILIBRIUM PRICE OF $1
Subject:EconomicsPrice:2.86 Bought3
ON NOVEMBER 17, 2015, THE PRESIDENT OF THE UNITED STATES OF AMERICA, BARRACK HUSSEIN OBAMA ANNOUNCED THAT THE EXCHANGE RATE BETWEEN European COUNTRIES AND USA WILL MOVE FROM THE MARKET EQUILIBRIUM PRICE OF $1.00 = 7 EURO TO $1.00 = 15 EURO. THE REASON HE STATED IS TO DISCOURAGE THE EUROPEANS FROM COMING TO THE USA. THIS SEEN AS :
A. APPRECATION OF A DOLLAR
B. DEPRECIATION OF A DOLLAR
C. DEPRECIATION OF EURO
D. OVERAALUATION OF A DOLLAR
E. NONE THE ABOVE
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