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If the Price of a Local Currency Declines,then It Follows

Question 81

Multiple Choice

If the price of a local currency declines,then it follows:


A) holders of the local currency will see the price of foreign goods decrease.
B) it is equivalent to an increase in the price of the foreign currency.
C) the demand for foreign currency will decrease.
D) there will be a greater quantity of local currency supplied to the market.

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