If the Dollar Price of the English Pound Goes from $1.75

question 86

Multiple Choice

If the dollar price of the English pound goes from $1.75 to $1.50,the dollar has

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

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