Currencies Depreciate and Appreciate All the Time

question 22

Multiple Choice

Currencies depreciate and appreciate all the time.Who gains and who loses when the SA rand depreciates?

• A)Europeans holding SA rands gain, European tourists to SA lose.
• B)European exporters to SA gain, Europeans holding SA rands lose.
• C)SA exporters gain, SA importers lose.
• D)SA importers gain, SA exporters lose.

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Definitions:

Productive Language

Language individuals can produce for themselves.

Intelligence

The ability to learn, understand, and make judgments or have opinions that are based on reason.

Processing Speed

The rate at which an individual can complete mental tasks and interpret information, affecting cognitive functions.

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An infant’s repetition of syllables such as “ba-ba-ba-ba” and “ma-ma-ma,” which begins at about 6 months of age.