Question: When the value of the British pound changes from $1.50 to $1.25, then A) the pound has appreciated and the dollar has appreciated. B) the

When the value of the British pound changes from $1.50 to $1.25, then
A) the pound has appreciated and the dollar has appreciated.
B) the pound has depreciated and the dollar has appreciated.
C) the pound has appreciated and the dollar has depreciated.
D) the pound has depreciated and the dollar has depreciated.

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