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billyhilly billyhilly
wrote...
Posts: 479
4 years ago
In a fixed exchange rate system, an increase in the exchange rate at which a currency is pegged is called a(n)

▸ depreciation.

▸ appreciation.

▸ devaluation.

▸ revaluation.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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Replies
wrote...
4 years ago
revaluation.
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