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    International Economics Study Set 9
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    Exam 13: Introduction to Exchange Rates and the Foreign Exchange Market
  5. Question
    When the Dollar "Cost" of a Unit of Foreign Currency
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When the Dollar "Cost" of a Unit of Foreign Currency

Question 11

Question 11

Multiple Choice

When the dollar "cost" of a unit of foreign currency falls, the dollar is _____ against the foreign currency.


A) depreciating
B) appreciating
C) equalizing
D) holding its own

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