Question

A reduction in the price of the dollar in terms of the euro, germany's currency, will:________

Answer 1

A reduction in the price of the Dollar in terms of the Euro, Germany's currency, will increase the demand for U.S. products exported to Germany.

What is Dollar?

• There are more than 20 currencies with the name dollar. These include the Australian dollar, Brunei dollar, Canadian, Hong Kong, Jamaican, Liberian, New Zealand, Singapore, United States, and a number of other currencies.
• Similar to many nations employing peso currencies, the majority of those currencies are denoted by the dollar sign $. The phrase, which originally referred to the Spanish American peso, or "Spanish dollar," as it was known in British North America, first appears in business communication in the 1770s.
• These manuscripts from the late 18th and early 19th centuries demonstrate how the dollar eventually replaced the developing a close approximation to the "$" mark, and how this new symbol was kept to denote the American dollar.

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