If USD/EUR .86 changes to USD/EUR .82, the dollar has _____, and the euro has:
A) depreciated; appreciated.
B) depreciated; depreciated.
C) appreciated; depreciated.
D) appreciated; appreciated.
Correct Answer:
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Q20: _ of a currency is an adjustment
Q21: _ of a currency is an adjustment
Q22: _ occurs when the euro rises in
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Q26: When the yen _ against the euro,
Q27: When the yen _ against the euro,
Q28: If the USD/EUR .86 changes to USD/EUR
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