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Jimmy, an American, finds that when he goes to London, he is able to purchase more with his American dollars than he was previously able to during a prior trip.

Which of the following best describes why this has happened?

A

Dollar diplomacy has occurred.

B

Aggregate demand has increased.

C

Dollar appreciation has occurred.

D

The dollar factor has increased.

E

Currency reticulation has increased the value of the British pound.

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