menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 14: Macroeconomics in an Open Economy
  5. Question
    If the Exchange Rate Changes from $2
Solved

If the Exchange Rate Changes from $2

Question 160

Question 160

Multiple Choice

If the exchange rate changes from $2.00 = 1 euro to $1.98 = 1 euro, then


A) the Canadian dollar has depreciated.
B) the Canadian dollar has appreciated.
C) the euro has appreciated.
D) the euro has stayed constant in value.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q47: The relative price of a country's goods

Q51: What are the three main sets of

Q155: In 2015, the value of IBM's global

Q157: Which of the following would increase the

Q158: All else equal, a depreciation of the

Q161: Figure 14.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 14.1

Q162: An increase in federal government budget deficits

Q163: Based on the following information, what is

Q164: Figure 14.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 14.1

Q165: You're travelling in Japan and are thinking

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines