An appreciation is

Name: An appreciation is
Brand: Quizplus
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Question

An appreciation is

Quizplus · Accepted Answer

An appreciation refers to an increase in the value of the currency compared to other currencies. When a currency appreciates, it can buy more foreign currency or goods and services in foreign countries, making exports more expensive and imports cheaper. This can lead to a decrease in the trade deficit and an increase in the trade surplus, but these are not the same thing as an appreciation itself.

An Appreciation Is