When the Nominal Exchange Rate Rises

Multiple Choice

When the nominal exchange rate rises

A) the domestic currency buys more units of foreign currency,and the domestic currency has depreciated.
B) the domestic currency buys fewer units of foreign currency,and the domestic currency has depreciated.
C) the domestic currency buys more units of foreign currency,and the domestic currency has appreciated.
D) the domestic currency buys fewer units of foreign currency,and the domestic currency has appreciated.