Solved

If the Exchange Rate (Dollars Per Unit of Foreign Currency)has

Question 70

Multiple Choice

If the exchange rate (dollars per unit of foreign currency) has decreased because of a shift of the supply curve,the demand curve,or both,we say there has been a(n)


A) appreciation of the foreign currency
B) depreciation of the foreign currency
C) revaluation of the foreign currency
D) devaluation of the foreign currency
E) fixing of the foreign currency

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions