If the Dollar Price of the English Pound Goes from $1.80

question 100

Multiple Choice

If the dollar price of the English pound goes from $1.80 to $1.40,the dollar has

• A)appreciated,and the English will find U.S.goods cheaper.
• B)appreciated,and the English will find U.S.goods more expensive.
• C)depreciated,and the English will find U.S.goods cheaper.
• D)depreciated,and the English will find U.S.goods more expensive.

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