Table 11.1 gives the exchange rate quotations for the U.S.dollar and the British pound.
Table 11.1.Foreign Exchange Quotations

-Consider Table 11.1.Comparing Tuesday to the previous Monday,by Tuesday the dollar had:
A) Depreciated against the pound
B) Appreciated against the pound
C) Not changed against the pound
D) None of the above

Question

Table 11.1 gives the exchange rate quotations for the U.S.dollar and the British pound.
Table 11.1.Foreign Exchange Quotations
 
-Consider Table 11.1.Comparing Tuesday to the previous Monday,by Tuesday the dollar had:
A) Depreciated against the pound 
B) Appreciated against the pound 
C) Not changed against the pound 
D) None of the above

Quizplus · Accepted Answer

The exchange rate for the dollar and pound increased from 0.6570 to 0.6595, indicating that the dollar appreciated against the pound.

Table 111 Gives the Exchange Rate Quotations for the U