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    Exam 15: The Foreign Exchange Market
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    When the Value of the Dollar Changes from £0
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When the Value of the Dollar Changes from £0

Question 76

Question 76

Multiple Choice

When the value of the dollar changes from £0.50 to £0.75,the pound has ________ and the dollar has ________.


A) appreciated; appreciated
B) depreciated; appreciated
C) appreciated; depreciated
D) depreciated; depreciated

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