In 2008 the exchange rate of the Euro appreciated against the US dollar. A possible cause for the appreciation of the Euro was

[Pubali Bank Officer(Cash)-2014 : 2014]

1. Increase investment in USA by the European Union(EU)

2. Increasingly more US tourists were visiting EU countries

3. Increasingly more US exports to EU countries

4. The European Central Bank raised the value of the Euro

Answer

Comments

"Education-Instruction-Inspiration"