If You Go to the Bank and Notice That a Dollar

Multiple Choice

If you go to the bank and notice that a dollar buys more Mexican pesos than it used to, then the dollar has

A) appreciated. Other things the same, the appreciation would make Americans less likely to travel to Mexico.
B) appreciated. Other things the same, the appreciation would make Americans more likely to travel to Mexico.
C) depreciated. Other things the same, the depreciation would make Americans less likely to travel to Mexico.
D) depreciated. Other things the same, the depreciation would make Americans more likely to travel to Mexico.