Multiple Choice
When the domestic currency strengthens under a fixed exchange-rate system,this is called
A) a depreciation.
B) an appreciation.
C) a devaluation.
D) a revaluation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: A shift in demand toward the foreign
Q11: According to the "beachhead effect," in order
Q12: Which of the following changes would cause
Q13: The U.S.real interest rate rises relative to
Q14: The Maastricht treaty was the first step
Q16: Under a system of fixed exchange rates,what
Q17: Three-wheel cars made in North Edsel are
Q18: The Federal Reserve has just purchased bonds
Q19: Goods market equilibrium in the open economy
Q20: Suppose the euro-yen exchange rate falls while