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When the Dollar Appreciates Relative to Foreign Currencies, It Means

Question 242

Multiple Choice

When the dollar appreciates relative to foreign currencies, it means that


A) we need more dollars to buy each unit of another currency.
B) we can buy less foreign currency with a given amount of dollars.
C) the value of foreign currencies decreased relative to our dollar.
D) foreigners need less of their currency to buy one dollar.

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