When the $/£ exchange rate rises the pound _____ and when the $/£ r – McqOptions

MCQOPTIONS

1.	When the $/£ exchange rate rises the pound _____ and when the $/£ rates falls the pound ________?
A.	depreciates, appreciates
B.	revalues, devalues
C.	appreciates, depreciates
D.	becomes more expensive becomes cheaper
Answer» D. becomes more expensive becomes cheaper

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