Multiple Choice
Currencies depreciate and appreciate all the time. Who gains and who loses when the Russian rouble depreciates?
A) Europeans holding Russian roubles gain, European tourists to Russia lose.
B) European exporters to Russia gain, Europeans holding Russian roubles lose.
C) Russian exporters gain, Russian importers lose.
D) Russian importers gain, Russian exporters lose.
Correct Answer:
Verified
Correct Answer:
Verified
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