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16 June, 18:52

Describe what it means for one currency to be rising against another currency. Explain how Europeans vacationing in the United States benefit when the euro is rising against the dollar.

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  1. 16 June, 19:15
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    For example, if the Euro was Rising against the dollar that would mean the Euro was being used more than the dollar and rise of value of a Euro would increase and the value of the dollar would decrease. Europeans would benefit because they would be able to use the same currency they use in Europe back here and their value of currency would be equal here.
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