An Appreciation of One's Currency Means That

question 42

Multiple Choice

An appreciation of one's currency means that

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

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Definitions:

Crystallize

The process of formation of a solid crystal from a solution, melt, or more rarely from a gas.

Metamorphism

The process by which the composition or structure of rocks is changed by heat and pressure over geological time.

Magma

Magma is molten rock beneath the Earth's surface, which can form igneous rocks upon cooling.

Igneous Rocks

Rocks formed through the cooling and solidification of magma or lava.