Question

A currency is said to have appreciated when it commands a ____________ amount of a foreign currency. it results in foreign goods becoming __________________ for a country.

Answer 1

A currency is said to have appreciated when it commands a larger, amount of foreign currency. it results in foreign goods becoming cheaper for a country.

Foreign currency is something this is usually generic to have a price as a medium of alternate in order that it may be traded for goods and offerings. The trading gadget within an economy is based on its foreign money, which is normally specific to a rustic and issued with the aid of that country's government.

Currency is a medium of exchange for goods and offerings. In brief, it is cash, in the shape of paper and coins, typically issued by using a government and normally regularly occurring at its face price as a method of payment.

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