When the value of the euro, Financial Management

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When the value of the euro

(I) When the value of the euro changes from $1.33/1€ to $1.50/1€, then the dollar has _________.

(II) When the value of the euro changes from 137¥/1€ to 140¥/1€, then the euro has _________.

a) appreciated; appreciated

b) depreciated; appreciated

c) appreciated; depreciated

d) depreciated; depreciated

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Financial Management: When the value of the euro

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Financial Management: When the value of the euro

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