Elaine owns a small grocery store in the United States. In the store, she sells specialty foods from Europe. Elaine hears a news report saying that the value of the dollar has fallen compared to the euro.
Based on the scenario, which statement is true?
The goods to supply Elaine's store will cost her less.
The goods to supply Elaine's store will cost her more.
Elaine will pay more for the goods that she exports.
Elaine will pay less for the goods that she exports.
Answer:Eliane will pay less for the goods that she exports.
Explanation:
I believe because it says "The value of the dollar has fallen compared to the euro". Meaning, when she wants to export more goods from Europe, she will pay less.
