If a firm in Thailand borrows dollars from a US bank,its interest payments on the loan in Thai baht will decrease if the baht appreciates against the dollar.

Name: If a firm in Thailand borrows dollars from a US bank,its interest payments on the loan in Thai baht will decrease if the baht appreciates against the dollar.
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When the Thai baht appreciates against the dollar, fewer baht are needed to buy the same amount of dollars, reducing the baht cost of interest payments on a dollar-denominated loan.

If a Firm in Thailand Borrows Dollars from a US