Suppose that the Brazilian real devalues by 40% against the U.S. dollar. By how much will the dollar appreciate against the real?

a.67%

b.40%

c.32%

d.28%

The French euro devalued by 17% against the U.S. dollar.This is equivalent to a revaluation of the dollar against the euro by

a)17%

b)16.31%

c)20.48%

d)17.54%

If the Australian dollar devalues against the Japanese yen by 10%, the yen will appreciate by

a.33.32%

b.25.55%

c.10.11%

d.11.11%

If the euro depreciates against the U.S. dollar by 50%, the dollar appreciates against the euro by

a. 55%

b. 100%

c. 200%

d. 1,000%