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    Appreciation/Depreciation

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    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.

    © BrainMass Inc. brainmass.com April 3, 2020, 7:40 pm ad1c9bdddf
    https://brainmass.com/economics/international-economies/appreciation-depreciation-273771

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