Question
Over the past five years, the exchange rate between the British pound and the U.S. dollar has changed from about 1.90 to about 1.45. Over
Over the past five years, the exchange rate between the British pound and the U.S. dollar has changed from about 1.90 to about 1.45. Over this five-year period, in what ways have British goods become cheaper for buyers in the United States?
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