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Answer to Question #70290 in Macroeconomics for shahin
Question #70290
Discuss any four factors that lead to the appreciation of the currency of your country in terms of the US Dollar.
Expert's answer
Factors that can cause a nation's currency appreciation include:
- Relative product prices;
- Monetary policy;
- Inflation rate differences;
- Income changes.
- Relative product prices;
- Monetary policy;
- Inflation rate differences;
- Income changes.
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