The lowering of the exchange rate between country's currency and other currencies is known as
a
the foreign exchange rate
b
deflation
c
exchange control
d
the law of comparative advantage
e
None of the above
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SucceyAsher
3 years ago
And it is "Devaluation" when it is intentional.
But if it just happens as a result of market forces interraction, then it is "Depreciation".
