Economics 9708 · AS & A Level · 6.4

6.4 — practice question

The graphs illustrate how the exchange rates of the £ sterling against the US$ and the Euro (€) changed between 2001 and 2003. What change occurred in the value of the £ sterling between 2001 and 2003?

  • AThe £ appreciated against the US$ and depreciated against the Euro.
  • BThe £ appreciated against the US$ and the Euro.
  • CThe £ depreciated against the US$ and appreciated against the Euro.
  • DThe £ depreciated against the US$ and the Euro.

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