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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 22 options: A) Franc would lose its value against krone B) Franc would gain its value against krone C) The value of franc against krone would not change

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