When the dollar declines in value against a foreign currency, it is called a(n):
A) appreciation.
B) depreciation.
C) inflation.
D) deflation.

Name: When the dollar declines in value against a foreign currency, it is called a(n): A) appreciation. B) depreciation. C) inflation. D) deflation.
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When the dollar declines in value against a foreign currency, it means that a smaller amount of foreign currency can be exchanged for one US dollar. This is called depreciation.

When the Dollar Declines in Value Against a Foreign Currency