If the spot exchange rate is £1=$1.50 when the market opens, and £1=$1.48 at the end of the day, the pound has appreciated, and the dollar has depreciated.
举一反三
- When the exchange rate changes from 1.0 euros to the dollar to 1.2 euros to the dollar, then the euro has _________ and the dollar has _________. A: appreciated; appreciated B: depreciated; appreciated C: appreciated; depreciated D: depreciated; depreciated
- When the<br/>value of the British pound changes from $1.25 to $1.50, the pound has<br/>____and the U.S. dollar has _____ . A: appreciated;<br/>appreciated B: depreciated;<br/>appreciated C: appreciated;<br/>depreciated D: depreciated;<br/>depreciated
- When the value of the dollar changes from £0.5 to £0.75, then the pound has _________ and the dollar has _________. A: appreciated; appreciated B: depreciated; appreciated C: appreciated; depreciated D: depreciated; depreciated
- When the value of the dollar changes from 0.5 pounds to 0.75 pounds, then the pound has appreciated and the dollar has depreciated.
- The U.S. dollar suddenly changes in value against the euro moving from an exchange rate EUR/USD of 0.8909 to 0.8709. Thus, the dollar has ________ by ________. A: appreciated; 2.30% B: depreciated; 2.30% C: appreciated; 2.24% D: depreciated; 2.24%