Suppose the value of the French Franc in terms of the dollar is:
50 on October 12 , and 44 on October 17 . By how much has the Franc appreciated or depreciated against the dollar?
The value of the Franc rises against dollar by 12
The Franc has actually depreciated by 12%.
The Franc has remained constant relative to the dollar
The dollar has actually appreciated by 12%.
Using demand and supply analysis to assist you, what are the effects on the exchange rate between the British pound and the Japanese yen from: a decrease in the price of British goods The yen depreciates, and the pound appreciates
The yen appreciates, and the pound depreciates
The yen depreciates, and the pound depreciates
The yen appreciates, and the pound appreciates