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AP Econ Unit 7&8 Flashcards | StudBud
AP Econ Unit 7&8
1 / 15
If the exchange rate between the US dollar and the British pound changes from 1 USD = 0.75 GBP to 1 USD = 0.80 GBP,shows
A
Appreciation of the USD.
B
Depreciation of the GBP.
C
Appreciation of the GBP.
D
Depreciation of the USD.
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