Multiple Choice
Which of the following statements is most correct?
A) If the U.S. $ depreciates relative to the yen, then it is likely also depreciating relative to the euro.
B) If the U.S. $ is appreciating relative to the euro, the euro is likely depreciating relative to the yen.
C) If the U.S. $ is depreciating relative to the euro it is likely depreciating relative to all currencies.
D) If the U.S. $ is appreciating relative to the yen, the yen is depreciating relative to the U.S. $.
Correct Answer:

Verified
Correct Answer:
Verified
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