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Question
When the exchange rate for the British pound changes from $1.80 per pound to $1.60 per pound, then, holding everything else constant, the pound has ________ and ________ expensive.A. appreciated; British cars sold in the United States become more
B. appreciated; British cars sold in the United States become less
C. depreciated; American wheat sold in Britain becomes more
D. depreciated; American wheat sold in Britain becomes less
Answer
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Related questions
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