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When the value of the U.S. Dollar appreciates compared to the value of another country's currency, this has what effect on foreign imports to the U.S.?

the price of imports remains the same


imports get less expensive


imports get more expensive​

When the value of the U.S. Dollar appreciates compared to the value of another country-example-1

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When the value of the U.S. Dollar appreciates compared to the value of another country's currency, imports get more expensive. This is because when the dollar appreciates, it takes more of that foreign currency to buy the same amount of U.S. dollars. Therefore, when a foreign supplier wants to sell their goods to the U.S., they will have to charge a higher price in U.S. dollars to maintain the same level of revenue in their own currency.

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