Question: 33. For each case below, state whether the euro has appreciated or depreciated and give an example of an event that could cause the change

 33. For each case below, state whether the euro has appreciated

33. For each case below, state whether the euro has appreciated or depreciated and give an example of an event that could cause the change in the exchange rate. a. The spot rate goes from 450 euros/Mexican peso to 440 euros/Mexican peso. b. The spot rate goes from 0.011 Mexican pesos/euro to 0.006 Mexican pesos/euro. C. The spot rate goes from 1.48 euros/British pound to 1.51 euros/British pound. d. The spot rate goes from 0.73 British pounds/euro to 0.75 British pounds/euro

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