If Market Forces Change the Exchange Rate Value of One

question 61

Multiple Choice

If market forces change the exchange rate value of one dollar from 80 yen to 83.25 yen, then the dollar has

• A)appreciated.
• B)depreciated.
• C)been revalued.
• D)been devalued.

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Definitions:

Problem-Solving Skills

Abilities and techniques used to effectively identify solutions to challenges or issues.

Social Judgment Skills

The ability to understand and interpret the reactions and interactions of others accurately to navigate social situations effectively.

Mumford

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