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8 June, 11:22

What will most likely happen when a domestic currency appreciates?

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  1. 8 June, 11:36
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    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 ...
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