Lowering a fixed exchange rate by a government is called a(n) __________ of that rate
A) devaluation
B) revaluation
C) appreciation
D) depreciation
A
Economics
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Sweden's currency would tend to depreciate if:
a. Sweden's inflation rate rises relative to inflation in the rest of the world. b. the demand for imports by Swedes increases c. real interest rates in Sweden decrease relative to the rest of the world. d. all of the above
Economics
The United States' most important trading partner quantitatively is:
A. China. B. Canada. C. Mexico. D. Japan.
Economics