Multiple Choice
__________ means a drop in the foreign exchange value of a floating currency.
A) Depreciation
B) Devaluation
C) Appreciation
D) Revaluation
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: In spot transactions bank notes such as
Q3: If the government does not interfere in
Q4: A bid is also known as an
Q5: When the par value is reduced, this
Q6: If the Iraq government regulates the rate
Q7: The peg system functions between which two
Q8: The foreign exchange rate is the price
Q9: Depreciation is a drop in foreign exchange
Q10: In most countries _ is by far
Q11: A _ is the rate at which