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Referring to Figure 18.2, if the exchange rate is currently 11 pesos per dollar, then we expect the dollar to ________ and the peso to ________....
Referring to Figure 18.2, if the exchange rate is currently 11 pesos per dollar, then we expect the dollar to ________ and the peso to ________.
Select one:a. depreciate; depreciate b. depreciate; appreciate c. appreciate; depreciate d. appreciate; appreciate