Table 25.1.1

-Refer to Table 25.1.1. Between 2009 and 2010, the Canadian dollar ________ versus the euro and ________ versus the yen.
A)appreciated; depreciated
B)appreciated; appreciated
C)depreciated; depreciated
D)depreciated; appreciated
E)not changed; not changed

Question

Table 25.1.1
 
-Refer to Table 25.1.1. Between 2009 and 2010, the Canadian dollar ________ versus the euro and ________ versus the yen.
A)appreciated; depreciated 
B)appreciated; appreciated 
C)depreciated; depreciated 
D)depreciated; appreciated 
E)not changed; not changed

Quizplus · Accepted Answer

The Canadian dollar appreciated against the euro because the value of the Canadian dollar increased relative to the euro. The Canadian dollar depreciated against the yen because the value of the Canadian dollar decreased relative to the yen.

Table 25.1.1 -Refer to Table 25.1.1. Between 2009 and 2010, the Canadian