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    International Economics Study Set 9
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    Exam 13: Introduction to Exchange Rates and the Foreign Exchange Market
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    If a Nation's Currency Buys Fewer Units of a Foreign
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If a Nation's Currency Buys Fewer Units of a Foreign

Question 71

Question 71

Multiple Choice

If a nation's currency buys fewer units of a foreign currency today than yesterday, we say the value of its currency has:


A) appreciated.
B) depreciated.
C) stagnated.
D) become inverted.

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