Question: 8 Multiple Choice 1 point If the exchange rate changes from $ 1 . 4 5 = 1 euro to $ 1 . 3 7

8
Multiple Choice 1 point
If the exchange rate changes from $1.45=1 euro to $1.37=1 euro, then
the euro has depreciated and the dollar has appreciated.
both the euro and dollar have appreciated.
the euro has appreciated and the dollar has depreciated.
both the euro and dollar have depreciated.
8 Multiple Choice 1 point If the exchange rate

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