An appreciation of a country's currency is likely to:

Name: An appreciation of a country's currency is likely to:
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Question

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When a country's currency appreciates, it becomes more expensive in relation to other currencies, which makes its exports more expensive and less competitive in the global market. This leads to a decrease in exports and can also result in a decrease in domestic production, leading to a decrease in GDP. Therefore, the appreciation of a country's currency is likely to decrease its GDP.

An Appreciation of a Country's Currency Is Likely To