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pgakui pgakui
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2 years ago
An increase 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 risen

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

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

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

Macroeconomics


Edition: 3rd
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JaynieJaynie
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2 years ago
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