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According to in-class discussion, regardless a currency pair is direct or indirect quote, an upward trend of a typical exchange rate tells that the Curren

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According to in-class discussion, regardless a currency pair is direct or indirect quote, an upward trend of a typical exchange rate tells that the Curren cy___ against the other currency in the pair, and a downward trend of the exchange rate reflects that the currency against the other currency in the pair. (note: in a currency pair, the base currency is the currency in one unit) A base, depreciates, price, appreciates. B. base, depreciates: base, depreciates. C. base depreciates price, depreciates. D. base, appreciates, base, depreciates

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