The Figure Given Below Depicts the Foreign Exchange Market for British

question 58

Multiple Choice

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-A decrease in the price of a currency in terms of another under a flexible exchange rate regime is called:

• A)capital flight.
• B)depreciation.
• C)revaluation.
• D)devaluation.
• E)currency adjustment.

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Definitions:

Extrafamilial

Occurring or existing outside the family unit; involving persons who are not members of one's family.

Verbal Cues

Elements of communication expressed through spoken words that convey messages or suggestions, often used to signal or emphasize ideas.

Nonverbal Cues

Forms of communication without words, such as gestures, facial expressions, and body language, which convey messages or emotions.

Consent

The voluntary agreement to or approval of what is planned or done by another person.