IT6: Exchange rate, ER table, appreciation vs. depreciation

Last updated almost 6 years ago
5 questions
1

The price of one nation's currency relative to another nation's currency is called

1

In year 1, how many U.S. dollars would one British pound buy?

1

In year 2, how many Mexican pesos would one U.S. dollar buy?

1

Between year 1 and year 2 did the U.S. dollar appreciate or depreciate relative to the Euro?

1

Which of the following groups benefits from a weak dollar?