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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #755070
Introduction to Economics 2 Deneme Sınavı Sorusu #755070
Which of the following system use currency depreciation and currency appreciation?
Unflexible exchange rate system |
Expanded monetary policy system |
Free riding system |
International trade system |
Flexible exchange rate system |
Yanıt Açıklaması:
In the flexible exchange rate system, currency depreciation is the fall in the value of one currency in terms of another currency. On the other hand, currency appreciation is the rise in the value of one currency in terms of another currency. Currency depreciation and currency appreciation are the terms which are only used in the flexible exchange rate system.
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