Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue

تمرين 18

Explain why you agree or disagree with the following statements:
a. A country that grows faster than its major trading partners can expect the international value of its currency to depreciate.
b. A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.
c. A country's currency will appreciate if its inflation rate is less than that of the rest of the world.