A reduction of the value of a nation's currency relative to the currencies of other countries is called
A) a currency devaluation.
B) a reduced exchange rate.
C) a deficit money market.
D) a compressed economy.
E) none of these answer choices.

Question

Quizplus · Accepted Answer

A reduction of the value of a nation's currency relative to the currencies of other countries is called a currency devaluation.

A Reduction of the Value of a Nation's Currency Relative