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If the price in Canadian dollars of Guatemalan quetzales changes from $0.173 per quetzal to $0.162 per quetzal, what has happened to the quetzal? a.

If the price in Canadian dollars of Guatemalan quetzales changes from $0.173 per quetzal to $0.162 per quetzal, what has happened to the quetzal? a. It has depreciated. b. It has revalued. c. It has stayed at the same exchange rate. d. It has appreciated

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