Demand for french products


Question: Suppose there is a decrease in British (U.K.) demand for French products like cheese, wine, perfume etc., with all else remaining unchanged we expect

A. GBP to remain steady against EUR.

B. GBP to be volatile against EUR.

C. GBP to appreciate against EUR.

D. GBP to depreciate against EUR.

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Macroeconomics: Demand for french products
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