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economics



When the value of a country’s currency falls,.... the currency is( appreciating ,becoming stable, depreciating) , so one unit of that currency can buy (equal, fewer ,more) units of other currencY





User DaSch
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2 Answers

2 votes

Answer:

When the value of a country’s currency falls, the currency is

depreciating

, so one unit of that currency can buy

fewer

units of other currency.

Step-by-step explanation:

depreciation—a decrease in a currency’s value

User Anubhav Ranjan
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8.4k points
1 vote

When the value of a country’s currency falls, the currency is depreciating, so one unit of that currency can buy fewer units of other currency.

A depreciation of a country's currency makes its export goods cheaper for foreigners and domestic residents find that foreign imports are more expensive.

User Praveen Prasad
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8.3k points
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