Multiple Choice
A depreciation of Israel's currency (the shekel) means that
A) Israel's exports will become more expensive
B) Israel's imports will become more expensive
C) Israel's imports will become less expensive
D) it now requires fewer shekels to exchange for one unit of another currency
E) it now requires more of other currencies in exchange for one shekel
Correct Answer:
Verified
Correct Answer:
Verified
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