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1. If the exchange rate value of the British pound goes from U.S. $1.80 to U.S. $1.60, then a. The pound has appreciated, and the
1. If the exchange rate value of the British pound goes from U.S. $1.80 to U.S. $1.60, then a. The pound has appreciated, and the British will find U.S. goods cheaper. b. The pound has appreciated, and the British will find U.S. goods more expensive. c. The pound has depreciated, and the British will find U.S. goods more expensive. d. The pound has depreciated, and the British will find U.S. goods cheaper. 2. If the exchange rate between the Australian dollar and the U.S. dollar, $:A$, changes from A$1.60 to A$1.50, then a. The Australian dollar has appreciated, and the Australians will find U.S. goods Ge cheaper. boloup a oms and amil m iniot hieriss & all b. The Australian dollar has appreciated, and the Australians will find U.S. goods more expensive. inoftar c. The Australian dollar has depreciated, and the Australians will find U.S. goods more gas expensive. bajoup Ined 5mij Ni Intoq nishgo s IA d. The Australian dollar has depreciated, and the Australians will find U.S. goods cheaper. Of-oded.1 = 172:2 3. Over a period of time in the past, the exchange rate between the Swiss franc and the U.S. dollar, $:SFr, changed from about 1.20 to about 1.60. Would you agree that over this period, Swiss goods became cheaper for Americans
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