Question: Suppose that the exchange rate between the U.S. dollar and the peso changed from 6 pesos per U.S. dollar to 8 pesos per U.S. dollar.

Suppose that the exchange rate between the U.S. dollar and the peso changed from 6 pesos per U.S. dollar to 8 pesos per U.S. dollar. This change means that the

Select one:

A.peso appreciated.

B.peso depreciated.

C.All the answers are incorrect.

D.U.S. dollar depreciated.

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