Has the krona appreciated or depreciated against the dollar

Reference no: EM131335194

The U.S. dollar price of a Swedish krona changes from $.1572 to $.1730.

a. Has the dollar depreciated or appreciated against the krona?

b. Has the krona appreciated or depreciated against the dollar?

2. Use the information in the following table on Mexico's international transactions to do exercises 13-15 (the amounts are the U.S. dollar values in millions):

Reference no: EM131335194

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