Question: 7 Foreign Exchange Identify how a deficit can affect the nation's currency. When the demand for a country's currency falls, the currency will __________. a.)

7 Foreign Exchange

Identify how a deficit can affect the nation's currency.

When the demand for a country's currency falls, the currency will __________.

  • a.)
  • be more valuable to foreigners
  • b.)
  • depreciate
  • c.)
  • appreciate
  • d.)
  • have inflationary results at home

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