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When a home currency depreciates, which one of the following is NOT correct? Select one: a. home exporters have more advantages than home importers b.
When a home currency depreciates, which one of the following is NOT correct?
Select one:
a. home exporters have more advantages than home importers
b. home importers have more advantages since it takes more home currency to buy the foreign currency
c. a foreign currency is more valuable than the home currency
d. the home currency has less purchasing power in the world trade markets
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