-Refer to Table 11.8 to answer this question.Which of the following statements is correct?
A) The Canadian dollar has appreciated and the Japanese yen has depreciated.
B) The Canadian dollar has depreciated and the Japanese yen has appreciated.
C) The Japanese yen is now worth less in terms of the Canadian dollar.
D) The Canadian dollar is now worth more in terms of the Japanese yen.
Correct Answer:
Verified
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