ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
When considering two countries, if the currency of one country appreciates, then in all cases, the currency of the other country___________?
Group of answer choices
1Appreciates.
2What will happen to the currency of the other country is uncertain.
3Gains value.
4Depreciates.
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