If the US dollar price of a Swedish krona changes from $.1572 to $.1730 had the dollar appreciated or depreciated against the krona and/ or krona and the dollar ?
If the US dollar price of a Swedish krona changes from $.1572 to $.1730 had the dollar appreciated or depreciated against the krona and/ or krona and the dollar ?
Chapter6: An Introduction To The Foreign Exchange Market And The Balance Of Payments
Section: Chapter Questions
Problem 12E
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If the US dollar price of a Swedish krona changes from $.1572 to $.1730 had the dollar appreciated or
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