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Management · Q793

International Finance and Treasury

Graduate and Post Graduate · Management · question 793

Q793

Which of the following statements are true with regard to currency appreciation?

A.
The value of all currencies fall relative to gold
B.
The value of all currencies rise relative to gold
C.
The value of one currency rises relative to another currency
Answer
D.
The value of one currency falls relative to another currency

Answer: Option C

Solution

Answer: Option C
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