In 2011, a dollar could be traded for 100 yen and in 2012 a dollar could be traded for 90 yen. between these two years, the dollar has become --------------------valuable and so the dollar has-------------------- .
A) more; appreciated against the dollar
B) more; appreciated against the yen
C) more; depreciated against the yen
D) less; appreciated against the yen
E) less; depreciated against the yen
Correct Answer:
Verified
Q6: A debtor nation is a country that
A)during
Q7: When people expect that the future exchange
Q8: Exchange rate changes are
A)very volatile because supply
Q9: On the foreign exchange market, an increase
Q10: Which of the following generally becomes positive
Q12: Looking at the U.S. balance of payments
Q13: If the U.S. interest rate differential decreases,
Q14: Which balance of payments account records payments
Q15: A country has imports of goods and
Q16: Everything else the same, in the foreign
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