Scenario: Just-for-Kids, Inc.
Just-for-Kids, Inc. is a toys and clothes manufacturer based in San Diego, California. The company has received an inquiry from an overseas company to do business. Tom Dodd is the owner of the company researching the opportunity and how exchange rates will affect its international business activities.
-If the nation had raised and not lowered its currency's value, its actions would be called ________.

Question

Quizplus · Accepted Answer

If the nation raised its currency's value, it means that its actions are called revaluation. Revaluation occurs when a nation increases the value of its currency in relation to other currencies.

Scenario: Just-For-Kids, Inc. Just-For-Kids, Inc. Is a Toys and Clothes Manufacturer Based in Manufacturer