If a country has flexible exchange rates and has more rapid-08879
If a country has flexible exchange rates and has more rapid inflation than other countries, its currency will:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.12.
If a country has flexible exchange rates and has more rapid inflation than other countries, its currency will:
Appreciate.
Depreciate.
Not change.
All of the given conditions may be possible.