Under a flexible exchange rate system, an increase in the value of a domestic currency in terms of other currencies is referred to as

Name: Under a flexible exchange rate system, an increase in the value of a domestic currency in terms of other currencies is referred to as
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An increase in the value of a domestic currency in terms of other currencies is referred to as an appreciation. This is because the currency has become more valuable and can buy more of other currencies.

Under a Flexible Exchange Rate System, an Increase in the Value