The following table shows the number of U.S.dollars required to buy one Mexican peso and the number of U.S.dollars required to buy one Australian dollar between June 1,2016,and September 1,2016:
Between June 1,2016,and July 1,2016,the U.S.dollar ________ against the Mexican peso,and the U.S.dollar ________ against the Australian dollar.
A) neither appreciated nor depreciated; neither appreciated nor depreciated
B) depreciated; appreciated
C) appreciated; appreciated
D) depreciated; depreciated
E) appreciated; depreciated
Correct Answer:
Verified
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