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    Exam 33: Exchange Rates and the Balance of Payments
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    An Increase in the Market Clearing Exchange Value of the Home
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An Increase in the Market Clearing Exchange Value of the Home

Question 202

Question 202

Multiple Choice

An increase in the market clearing exchange value of the home nation's currency in terms of the currency of another nation is a home currency


A) appreciation.
B) depreciation.
C) devaluation.
D) revaluation.

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