Suppose there are two countries (country A and country B) each with its own currency (Currency A and Currency B) . Suppose the exchange rate is expressed in terms of amount of Currency A needed to get Currency B. A strengthening of Currency A would show up as
A) an increase in the exchange rate.
B) a decrease in the exchange rate.
C) an increase in the interest rate
D) a decrease in the interest rate
Correct Answer:
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