Ask Question
7 March, 23:29

What will most likely happen when a domestic currency appreciates?

+4
Answers (1)
  1. 8 March, 00:37
    0
    Feb 21, 2014 - It means a currency is worth more in terms of foreign currency ... fall in domesticAggregate Demand (AD), causing lower economic growth ... Exports are more expensive, but if demand is inelastic, there will only be a small fall in demand ... An appreciation could be a problem, if the currency appreciates ...
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What will most likely happen when a domestic currency appreciates? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers