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Title: A decrease in the value of the foreign currency in terms of the domestic currency means that ________.
Post by: samestepp on Dec 4, 2022
A decrease in the value of the foreign currency in terms of the domestic currency means that ________.

▸ the foreign currency has appreciated and the nominal exchange rate has fallen

▸ the domestic currency has appreciated and the nominal exchange rate has risen

▸ the domestic currency has depreciated and the nominal exchange rate has risen

▸ the foreign currency has depreciated and the nominal exchange rate has risen


Title: A decrease in the value of the foreign currency in terms of the domestic currency means that ________.
Post by: rick32 on Dec 4, 2022
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