Question

recently, people in the united states have started demanding more products from the united kingdom. what effect will this growing demand for uk products have on the british pound relative to the us dollar? the pound will depreciate. the dollar will appreciate. the pound will appreciate. the dollar will depreciate.

Answer 1

The influx of the products made in the United Kingdom will boost the economy of the United Kingdom. The value of pound will thus increase, and the pound will appreciate and recover in comparison to the USD.