If the exchange rate (dollars per unit of foreign currency) has increased,we say there has been a(n)
A) appreciation of the foreign currency
B) depreciation of the foreign currency
C) revaluation of the foreign currency
D) devaluation of the foreign currency
E) fixing of the foreign currency
Correct Answer:
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Q49: If the demand for British pounds increases,
A)
Q50: Q51: Suppose that equilibrium in the dollar-pound market Q52: Which of the following would lead to Q53: If U.S.goods became less desirable to the Q55: If there is an excess supply of Q56: If newspaper headlines detailed an increased American Q57: If Americans buy 100 million British pounds Q58: If Mexico's GDP drops,which of the following Q59: If the exchange rate (dollars per unit
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