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NYC NYC
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8 years ago
Why does the appreciation of a country's currency tend to decrease its price level?
A) a currency appreciation makes imported inputs less expensive
B) domestic buyers tend to substitute domestic products for imports
C) a currency appreciation makes a country's products more competitive in world markets, so exports rise
D) a currency appreciation makes imported inputs more expensive
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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