Under a flexible exchange rate system, an increase in the value of the U.S. dollar in terms of other currencies is referred to as

Name: Under a flexible exchange rate system, an increase in the value of the U.S. dollar in terms of other currencies is referred to as
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An increase in the value of the U.S. dollar in terms of other currencies is referred to as an appreciation of the U.S. dollar. This means that it takes more of other currencies to purchase one U.S. dollar.

Under a Flexible Exchange Rate System, an Increase in the Value