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    International Economics Study Set 2
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    Exam 17: The Foreign Exchange Market
  5. Question
    Under the Floating Exchange Rate System, a Fall in the Market
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Under the Floating Exchange Rate System, a Fall in the Market

Question 37

Question 37

Multiple Choice

Under the floating exchange rate system, a fall in the market price of a currency is called:


A) devaluation.
B) depreciation.
C) appreciation.
D) revaluation.

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