When the $/£ exchange rate rises the pound ________ ... - Solved MCQs & Answer

3860EconomicsMedium

When the $/£ exchange rate rises the pound and when the $/£ rates falls the pound ?

Aappreciates, depreciates

Bdepreciates, appreciates

Cbecomes more expensive becomes cheaper

Drevalues, devalues

Correct answer

A. appreciates, depreciates

Explanation

The correct answer is appreciates, depreciates.

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When the $/£ exchange rate rises the pound ________ and when the $/£ rates falls the pound ________?

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When the $/£ exchange rate rises the pound ________ and when the $/£ rates falls the pound ________?

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When the $/£ exchange rate rises the pound and when the $/£ rates falls the pound ?

When the $/£ exchange rate rises the pound and when the $/£ rates falls the pound ?