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IT6: Exchange rate, ER table, appreciation vs. depreciation

By Jeffrey See
Last updated almost 5 years ago
5 Questions
1.

The price of one nation's currency relative to another nation's currency is called

2.

In year 1, how many U.S. dollars would one British pound buy?

3.

In year 2, how many Mexican pesos would one U.S. dollar buy?

4.

Between year 1 and year 2 did the U.S. dollar appreciate or depreciate relative to the Euro?

5.

Which of the following groups benefits from a weak dollar?