If fewer home goods are required to buy the same amount of foreign goods, then we say that foreign currency has experienced a:
A) nominal appreciation.
B) nominal depreciation.
C) real appreciation.
D) real depreciation.

Question

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The Answer of If fewer home goods are required to buy the same amount of foreign goods, then we say that foreign currency has experienced a:
A) nominal appreciation.
B) nominal depreciation.
C) real appreciation.
D) real depreciation.

If Fewer Home Goods Are Required to Buy the Same