Did the dollar appreciate or depreciate versus the pound
Problem: A British pound cost $2.00 in U.S. dollars in 2008, but $1.27 in U.S. dollars in 2017. Was the pound weaker or stronger against the dollar? Did the dollar appreciate or depreciate versus the pound?
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Was the pound weaker or stronger against the dollar? Did the dollar appreciate or depreciate versus the pound?
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This week's discussion is designed to help you create a glossary for yourself. Save this glossary for your future work.
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