If the Yen Is Appreciating Relative to the British Pound

question 114

Multiple Choice

If the yen is appreciating relative to the British pound, then the

• A) pound is appreciating relative to the yen.
• B) pound can be either appreciating or depreciating relative to the yen.
• C) yen is worth less relative to the pound.
• D) pound is depreciating relative to the yen.