If the Exchange Rate Changes So That Fewer Canadian Dollars

Multiple Choice

If the exchange rate changes so that fewer Canadian dollars are needed to buy a British pound sterling,what results?

A) The pound has appreciated in value.
B) More dollars will be needed to buy the same quantity of British goods.
C) Fewer pounds will be needed to buy the same quantity of Canadian goods.
D) The dollar has depreciated in value.
E) Fewer dollars will be needed to buy the same quantity of British goods.