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Suppose, the exchange rate of AUD (Australian dollar) to USD (American dollar) is 1.5. If USD depreciates against AUD, it means that_______: Question 4 options:
Suppose, the exchange rate of AUD (Australian dollar) to USD (American dollar) is 1.5. If USD depreciates against AUD, it means that_______: Question 4 options: A) AUD would gain its value against USD B) AUD would lose its value against USD C) The value of AUD against USD would not change
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Economics
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
18th edition
978-0077413798, 0-07-336880-6, 77413792, 978-0-07-33688, 978-0073375694
