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Chako Chako
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8 years ago
A reduction in a country's money supply causes
A) its currency to depreciate in the foreign exchange market.
B) does affect its currency in the foreign market in an ambiguous manor.
C) its currency to appreciate in the foreign exchange market.
D) does not affect its currency in the foreign market.
E) affects other countries currency in the foreign market.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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