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3 votes
___________ : a decline in the value of a currency.

a. Rise
b. Importation
c. Depreciation
d. Appreciation
a. Gold standard
b. Fixed exchange rate
c. Currency calculation
d. Floating exchange rate

1 Answer

5 votes
The correct answer would be C. Depreciation

Here are a couple of reasons that commonly caused currency depreciation :
- A prolonged inflation in that country
- A reduction in Foreign Investment
- Unstable political and social condition in that country
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