You observe the following exchange rates: 1 CNY 0.140 USD and 1 GBP-1.30 USD. What is the value of the pound in yuans (i.e., how many yuans do you need to buy one pound)? 0.182 0.108 1.300 9.285 None of the above Question 9 (4 points) Today, exchange rate of the Japanese yen (UPY) is JPY 108/S. Last year, the exchange rate was JPY 113/$. This change represented: A move from a fixed exchange rate policy to a floating exchange rate policy. A devaluation of the yen. An appreciation of the yen. An intervention of the U.S, government on the yen's value