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4.Suppose the exchange rate between British pounds and U.S dollars is $1.35 per pound. What is the correct way to write this pound-dollar exchange? The

4.Suppose the exchange rate between British pounds and U.S dollars is $1.35 per pound. What is the correct way to write this pound-dollar exchange? The dollar-pound exchange rate? 5. Suppose the pound-dollar exchange rate is now 1.3500. Then the U.S dollar increases in value by 5 percent. What is the new pound-dollar exchange rate?What is the new exchange rate if the U.S. dollar appreciates by 10 percent?

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