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The Domestic Currency of a Country Depreciates in Value When

Question 79

Multiple Choice

The domestic currency of a country depreciates in value when:


A) there is an increase in the foreign currency price of the domestic currency.
B) its value falls in relation to another currency.
C) the government of the country revaluates the domestic currency.
D) its value rises in relation to another currency.
E) there is a fall in the domestic demand for foreign currency.

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