If the dollar per pound exchange rate changes from $1.50 per pound to $2 per pound, it implies that the dollar has appreciated against the pound.

Name: If the dollar per pound exchange rate changes from $1.50 per pound to $2 per pound, it implies that the dollar has appreciated against the pound.
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The statement is incorrect. If the dollar per pound exchange rate increases from $1.50 per pound to $2 per pound, it implies that the dollar has weakened against the pound.

If the Dollar Per Pound Exchange Rate Changes from $1