brsglover8997 brsglover8997

15-05-2017
History

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The currency in Great Britain is the pound (£), and the price of a particular British car is £12,000. On Monday, the exchange rate is £0.67 per dollar. On Friday, the exchange is £0.58 per dollar. What will happen to the price of the British car in the United States on Friday?

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koolaid586106 koolaid586106

18-05-2017

The price of the car will increase since the British pound will increase in value over the American dollar. I hope this helped.

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