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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1369539
Foreıgn Trade Deneme Sınavı Sorusu #1369539
What is currency depreciation?
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Lowering the value of the national currency |
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Raising the value of the national currency |
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Increasing the value of the national currency compared to a foreign currency |
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Decreasing the value of the national currency compared to a foreign currency |
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The price at which a currency is exchanged for the other currency |
Yanıt Açıklaması:
Due to free floating of foreign exchange rate at foreign exchange rate market, a decrease in the value of the national currency compared to a foreign currency refers to currency depreciation. The correct answer is "D".
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