PSAT Reading Question 358: Answer and Explanation
Question: 358
Based on the graph, during which of the following years was the Canadian dollar strongest relative to the United States dollar?
- A. 2010
- B. 2013
- C. 2016
- D. 2018
Correct Answer: B
Explanation:
(B) The graph portrays the exchange rate of the U.S. dollar relative to the Canadian dollar. As this ratio increases, the U.S. dollar can be exchanged for more Canadian dollars, making the U.S. dollar relatively stronger and the Canadian dollar relatively weaker. As this ratio decreases, the Canadian dollar is stronger relative to the U.S. dollar. So 2013 is correct since it shows the lowest ratio out of the four options.