Refer to the Following Figure When Answering the Following Questions

question 46

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 20.1: Exchange Rates
-Consider Figure 20.1. During the period 2007-2008, the U.S. dollar ________ relative to the euro and ________ relative to the U.K. pound between 2010 and 2011.

• A) appreciated; did not change
• B) appreciated; depreciated
• C) depreciated; did not change
• D) depreciated; appreciated
• E) Not enough information is given.

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Definitions:

Interorganizational Conflict

Interorganizational conflict occurs between organizations.

Unions

Organizations formed by workers to protect their rights, improve their working conditions, negotiate wages, and address grievances with employers.

Arbitration

A method of conflict resolution where a neutral third party makes a binding decision to resolve a dispute between two parties.

Emotional Antagonisms

Negative feelings or hostility between individuals or groups, often resulting from opposing actions or beliefs.