Question: Today, the pound is valued at A$2 while the Thai Baht is valued at A$0.20. One year ago, the pound was valued at A$1.50, and

Today, the pound is valued at A$2 while the Thai Baht is valued at A$0.20. One year ago, the pound was valued at A$1.50, and the Thai Baht was valued at A$0.10. What is the percentage change in Pounds against the Thai Baht over the last year? A. Pound depreciated against Thai Baht by 33.33% B. Pound appreciated against Thai Baht by 33.33% C. Pound depreciated against Thai Baht by 50% D. Pound depreciated against Thai Baht by 88% E. None of the above.

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