international trade and finance

Terminology Rate Currency Pair Indicator USD/CHF EUR/USD USD/JPY USD/SGD EUR/CAD USD/GBP When the value of the British pound changes from $1.25 to $1.50, then the pound has ..... and the dollar has When the value of the dollar changes from 0.85 pounds to 0.65 pounds, then the pound has and the dollar has ... The theory of PPP suggests that if one country's price level falls relative to another's, its currency should