Question: 7. Go to http://fx.sauder.ubc.ca. Using the table labelled The Most Recent Cross-Rates of Major Currencies, determine whether the British pound (GBP), the Canadian dollar (CAD),

7. Go to http://fx.sauder.ubc.ca. Using the table labelled “The Most Recent Cross-Rates of Major Currencies,” determine whether the British pound (GBP), the Canadian dollar (CAD), the Japanese yen (JPY), the euro (EUR), and the Swiss franc (CHF) have appreciated or depreciated against the U.S. dollar (USD) since April 1, 2017. The exchange rates on April 1, 2017 are listed in the table in Problem 6.

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