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Suppose, the exchange rate of Swiss franc to Norwegian krone is 8.62. If by the end of the year, franc appreciates against krone, it means

Suppose, the exchange rate of Swiss franc to Norwegian krone is 8.62. If by the end of the year, franc appreciates against krone, it means that__________: Question 5 options: A) The value of krone against franc would not change B) Krone would gain its value against franc C) Krone would lose its value against franc

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