Question: When the nominal exchange rate falls Question 1 8 options: the domestic currency buys more units of foreign currency, and the domestic currency has depreciated.

When the nominal exchange rate falls
Question 18 options:
the domestic currency buys more units of foreign currency, and the domestic currency has depreciated.
the domestic currency buys fewer units of foreign currency, and the domestic currency has depreciated.
the domestic currency buys more units of foreign currency, and the domestic currency has appreciated.
the domestic currency buys fewer units of foreign currency, and the domestic currency has appreciated.

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