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# Suppose the exchange rate between the Danish krone and the U.S. dollar is 14 DKK =...

## Question

###### Suppose the exchange rate between the Danish krone and the U.S. dollar is 14 DKK =... Suppose the exchange rate between the Danish krone and the U.S. dollar is 14 DKK = \$1 and the exchange rate between the Chilean peso and the U.S. dollar is 220 CLP = \$1. The exchange rate between the U.S. dollar and the Danish krone in terms of dollars per krone is \$ (Round your response to four decimal places.) The exchange rate between the U.S. dollar and the Chilean peso in terms of dollars per peso is \$ . (Round your response to four decimal places.) The exchange rate between the Danish krone and the Chilean peso is ID (Round your response to four decimal places.) The exchange rate between the Danish krone and the Chilean peso is DKK. (Round your response to four decimal places.) Suppose the exchange rate between the krone and the dollar changes to 12 DKK = \$1 and the exchange rate between the peso and the dollar changes to 240 CLP = \$1. In this case, the O A. U.S. dollar has depreciated against the Danish krone. O B. Chilean peso has appreciated against the U.S. dollar. OC. U.S. dollar has depreciated against the Chilean peso. O D. Chilean peso has appreciated against the Danish krone.

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