An increase the number of U.S. dollars required to purchase one British pound would be a depreciation of the U.S. dollar and an appreciation of the British pound.

Question

Quizplus · Accepted Answer

When it takes more U.S. dollars to buy one British pound, it means the value of the U.S. dollar has decreased (depreciated) relative to the British pound, while the value of the British pound has increased (appreciated) relative to the U.S. dollar.

An Increase the Number of U