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Exchange Rates: Nominal and Real
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Problem 10
Exchange Rates: Nominal and Real
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23. Exchange Rates / Exchange Rates: Nominal and Real / Problem 10
Problem 10
What happens to the foreign currency when the domestic currency appreciates?
A
The foreign currency appreciates.
B
The foreign currency remains unchanged.
C
The foreign currency becomes more valuable.
D
The foreign currency depreciates.
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