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umka21 [38]
2 years ago
5

When a nation’s currency appreciates, what is the most likely result?

Business
1 answer:
vichka [17]2 years ago
8 0
When a nation's currency appreciates that means there is an increase in the exchange rate. It would result to cheaper imports and lower inflation rates which would be advantageous to those countries who are importing goods. While a weak currency would be better for an economy that's exporting goods to other countries. 
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