Use the Following to Answer Questions: Table: Exchange Rates -(Table: Exchange Rates) Using the Hypothetical Exchange Rate Information in
Use the following to answer questions: Table: Exchange Rates
-(Table: Exchange Rates) Using the hypothetical exchange rate information in the table, which of the following statements is correct?
A) In 2004, the British pound had become stronger relative to U.S. dollars.
B) In 2004, the European euro had become stronger relative to Japanese yen.
C) In 2004, the U.S. dollar had become stronger relative to British pounds.
D) In 2004, the Japanese yen had become stronger relative to European euros.
Correct Answer:
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