If the U.K. pound sterling appreciates relative to the New Zealand dollar, which of the following correctly explains the change in relationship between the two currencies? (1 point)
Responses
The U.K.'s pound will maintain the same exchange rate to the New Zealand dollar.
The U.K.'s pound will maintain the same exchange rate to the New Zealand dollar.
The U.K.'s pound will become worth more compared to the New Zealand dollar.
The U.K.'s pound will become worth more compared to the New Zealand dollar.
The U.K.'s pound will become worth less compared to the New Zealand dollar.
The U.K.'s pound will become worth less compared to the New Zealand dollar.
The U.K.'s pound will become worthless compared to the New Zealand dollar.
The U.K.'s pound will become worthless compared to the New Zealand dollar.