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-Consider Figure 19

Question 9

Multiple Choice

-Consider Figure 19.1,which shows the £UK/$US,$US/€,and £UK/€ exchange rates.During the period 1999-2001,the U.S.dollar __________ relative to the euro and __________ relative to the U.K.pound. A) appreciated;appreciated B) appreciated;depreciated C) depreciated;depreciated D) depreciated;appreciated E) Not enough information is given.
-Consider Figure 19.1,which shows the £UK/$US,$US/€,and £UK/€ exchange rates.During the period 1999-2001,the U.S.dollar __________ relative to the euro and __________ relative to the U.K.pound.


A) appreciated;appreciated
B) appreciated;depreciated
C) depreciated;depreciated
D) depreciated;appreciated
E) Not enough information is given.

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