If the Exchange Rate Between the Dollar and the Pound

question 14

Multiple Choice

If the exchange rate between the dollar and the pound (the pound price of the dollar) is currently 1.50,and is expected to be 1.35 in one year,then the expected rate of

• A)depreciation of the dollar is 10%.
• B)depreciation of the dollar is 15%.
• C)appreciation of the dollar is 10%.
• D)appreciation of the dollar is 15%.
• E) none of the above

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Definitions:

Flange Welds

Welds that join flanges, which are plates or rings to form a rim or edge, to other components.

Flange Dimension

The specific measurement related to the size, thickness, or diameter of a flange, which is a projecting flat rim or collar used for attachment.

Seam Weld

A welding technique used to join two pieces of metal together along a continuous line by heating with an electric arc, laser, or other methods.

Weld Symbol

A symbolic representation used in technical drawings to identify the type, location, dimension, and other details of a weld.