In broad nominal terms, the dollar
A. depreciated against other currencies from 1988 to 2001 and from 2001 to 2008.
B. depreciated against other currencies from 1988 to 2001 and appreciated against those currencies from 2001 to 2008.
C. appreciated against other currencies from 1988 to 2001 and from 2001 to 2008.
D. appreciated against other currencies from 1988 to 2001 and depreciated against those currencies from 2001 to 2008.
Answer: D
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