A Depreciation of One's Currency Means That

question 33

Multiple Choice

A depreciation of one's currency means that

• A) the country's exports will become more expensive.
• B) the country's imports will become more expensive.
• C) the country's imports will become less expensive.
• D) it now requires less of this currency in exchange for one unit of another currency.
• E) it now requires more units of other currencies in exchange for one unit of this currency.

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