Multiple Choice
Table 11.1 gives the exchange rate quotations for the U.S.dollar and the British pound.
Table 11.1.Foreign Exchange Quotations
-Consider Table 11.1.Comparing Tuesday to the previous Monday,by Tuesday the dollar had:
A) Depreciated against the pound
B) Appreciated against the pound
C) Not changed against the pound
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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