How would you describe the U. S. dollar if the foreign exchange rate between the U. S. dollar and British pound changed from 1:1 to 1:0.7?

A. The dollar is stable.

B. The dollar has strengthened.

C. The dollar has weakened.

Question

Enrique Shepard

Mathematics

4 February, 20:38

How would you describe the U. S. dollar if the foreign exchange rate between the U. S. dollar and British pound changed from 1:1 to 1:0.7?

A. The dollar is stable.

B. The dollar has strengthened.

C. The dollar has weakened.

+5

Answers (1)

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Audrey Roman · Answer 1

One way to describe the U. S. dollar if the foreign exchange rate between the U. S dollar and British pound changed from 1:1 to 1:07 is the dollar has weakened. The correct answer is C.

How would you describe the U. S. dollar if the foreign exchange rate between the U. S. dollar and British pound changed from 1:1 to 1:0.7?A. The dollar is stable.B. The dollar has strengthened.C. The dollar has weakened.

How would you describe the U. S. dollar if the foreign exchange rate between the U. S. dollar and British pound changed from 1:1 to 1:0.7?

A. The dollar is stable.

B. The dollar has strengthened.

C. The dollar has weakened.