• 2021-04-14
    In 2017 the exchange rate of the currency _________ 7.49 for a dollar.
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      If the U.S. dollar and British pound have a flexible exchange rate, and the U.S. dollar changes so that one needs more dollars to buy one pound, the currency has A: depreciated. B: appreciated. C: devalued. D: revalued.

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      In a direct quotation, if the foreign currency is appreciating, the exchange rate __________.

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      In a direct quotation, if the home currency is appreciating, the exchange rate __________.

    • 3

      The price of one country's currency in units of another currency or commodity is the ________. A: foreign interest rate B: foreign currency exchange rate C: par value D: international rate

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      The exchange () of the pound has fallen against the dollar. A: finance B: currency C: allowance D: fare