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    International Economics
  4. Exam
    Exam 16: The Price Adjustment Mechanism With Flexible and Fixed Exchange Rates
  5. Question
    A Depreciation of a Nation's Currency Is
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A Depreciation of a Nation's Currency Is

Question 2

Question 2

Multiple Choice

A depreciation of a nation's currency is:


A) inflationary for the nation
B) deflationary for the nation
C) deflationary for the trade partner
D) any of the above

Correct Answer:

verifed

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Q10: A depreciation of a nation's currency shifts:<br>A)down

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