Which of the following is true of the euro since its establishment in

QUESTION

Which of the following is true of the euro since its establishment in 1999?

A. The value of the euro has been stable against the U.S. dollar.

B. The euro’s value has steadily appreciated against the U.S. dollar.

C. The euro’s value initially appreciated and then steadily depreciated against the U.S. dollar.

D. The euro has had a volatile trading history against the U.S. dollar.

E. The value of the euro has been constant when compared to the U.S. dollar.

ANSWER

D