Answer to Question #270158 in Macroeconomics for Audrey

Question

Q.1.7 As a result of more Europeans visiting South Africa, we can expect, ceteris paribus: (2) (1) An appreciation of the rand relative to the euro; (2) A depreciation of the rand relative to the euro; (3) An appreciation of the euro relative to the rand; (4) That it will cost South Africans more to visit Europe.

Answer 1

(1) An appreciation of the rand relative to the euro.