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Business, 19.05.2021 22:40 sabrinachambers444

Appreciation is when the domestic currency increases in price against a
foreign currency. Depreciation means
which of the following?
A. The value of the domestic currency has decreased
relative to foreign currencies.
B. The value of the domestic currency has increased
relative to foreign currencies.
C. The value of foreign currencies has decreased
relative to the domestic currency.

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Answers: 2

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Appreciation is when the domestic currency increases in price against a
foreign currency. Dep...
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