In each of the scenarios below, correctly draw and label the exchange rate graph for each nation. Then indicate the impact of each scenario on each nation's currency. 1. Interest rates rise faster in Scotland (GBP) than they do in the United States (U SD). a. Rationale: b. Which nation's currency appreciates? c. Which nation's currency depreciates? d. How will the change in the value of the US. dollar impact the balance of trade in the United States? c. How will the change in the value of the British pound impact the balance of trade in Scotland