MCQOPTIONS
Saved Bookmarks
| 1. |
By definition, currency appreciation occurs when |
| A. | the value of all currencies falls relative to gold. |
| B. | the value of all currencies rises relative to gold. |
| C. | the value of one currency rises relative to another currency. |
| D. | the value of one currency falls relative to another currency |
| Answer» D. the value of one currency falls relative to another currency | |