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Author Question: In the foreign exchange market between the Mexican peso and the U.S. dollar, an excess supply of ... (Read 50 times)

MirandaLo

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Question 1

If the exchange rate between the British pound and the U.S. dollar was $1 = £0.67 last month, and the exchange rate is $1 = £0.72 this month, the U.S. dollar has appreciated relative to the British pound.


◦ true
◦ false

Question 2

In the foreign exchange market between the Mexican peso and the U.S. dollar, an excess supply of Mexican pesos will result in a depreciation of the Mexican peso relative to the U.S. dollar.


◦ true
◦ false


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Marked as best answer by MirandaLo on Apr 19, 2019

shayla

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MirandaLo

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Reply 2 on: Apr 19, 2019
Wow, this really help


covalentbond

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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