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  3. Study Set
    Economics Study Set 7
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    Exam 7: an Introduction to the Foreign Exchange Market and the Balance of Payments
  5. Question
    A Rise in the Value of a Currency in Relation
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A Rise in the Value of a Currency in Relation

Question 68

Question 68

Multiple Choice

A rise in the value of a currency in relation to another currency in the international market is called:


A) appreciation.
B) depreciation.
C) devaluation.
D) conservation.
E) redenomination.

Correct Answer:

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