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    International Economics Study Set 9
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    Exam 13: Introduction to Exchange Rates and the Foreign Exchange Market
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    If E<sub>$/£</sub> Moves from 2 to 3, This Is a Percentage
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If E$/£ Moves from 2 to 3, This Is a Percentage

Question 97

Question 97

Multiple Choice

If E$/£ moves from 2 to 3, this is a percentage change of:


A) 50%.
B) 33.3%.
C) -33.3%.
D) -50%.

Correct Answer:

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