Card 1 of 22
In a floating exchange-rate system, what is a market-driven rise in a currency's value called?
A
Devaluation.
B
Appreciation.
C
Depreciation.
D
Revaluation.
Card 1 of 22
6.4.3 distinction between depreciation and appreciation of a floating exchange rate Flashcards
22 flashcards on CIE Intl A Level Economics 6.4.3 distinction between depreciation and appreciation of a floating exchange rate: the key terms and definitions you need to recall.