Which of the Following Statements Is Most Correct

question 102

Multiple Choice

Which of the following statements is most correct?

• A) If the U.S. $ depreciates relative to the yen, then it is likely also depreciating relative to the euro.
• B) If the U.S. $ is appreciating relative to the euro, the euro is likely depreciating relative to the yen.
• C) If the U.S. $ is depreciating relative to the euro it is likely depreciating relative to all currencies.
• D) If the U.S. $ is appreciating relative to the yen, the yen is depreciating relative to the U.S. $.