Refer to the following table when answering the following questions.
Table 20.1: Annual Average Exchange Rates: 2005-2015
-Consider Table 20.1. According to the table, between 2010 and 2015, the euro ________ against the British pound and ________ to the Canadian dollar.

Question

Refer to the following table when answering the following questions.
Table 20.1: Annual Average Exchange Rates: 2005-2015 
-Consider Table 20.1. According to the table, between 2010 and 2015, the euro ________ against the British pound and ________ to the Canadian dollar.

Quizplus · Accepted Answer

According to the table, the exchange rate for euro to British pound went from 0.865 in 2010 to 0.731 in 2015, indicating a depreciation of the euro. On the other hand, the exchange rate for euro to Canadian dollar went from 1.362 in 2010 to 1.412 in 2015, indicating an appreciation of the euro. Therefore, the correct choice is D, as the euro depreciated against the British pound and appreciated against the Canadian dollar between 2010 and 2015.

Refer to the Following Table When Answering the Following Questions