When Jeneva went to Costa Rica in July 2008, a U.S. dollar was worth 5

When Jeneva went to Costa Rica in July 2008, a U.S. dollar was worth 550 colones. If today a U.S. dollar is worth 650 colones, it means that the U.S. dollar has depreciated against the colone.

Indicate whether the statement is true or false

 

ANSWER

FALSE

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