An Appreciation of a Nation's Currency Is

question 16

Multiple Choice

An appreciation of a nation's currency is

• A) a situation in which exchange rates are allowed to fluctuate in the open market in response to changes in supply and demand.
• B) the increase in the exchange value of one nation's currency in terms of an other nation.
• C) a nation in which households, firms, and governments buy and sell national currencies.
• D) the decrease in the exchange value of one nation's currency in terms of another nation.

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Definitions:

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