Övrigt

Question 1

Appreciation =

Answer 1

getting stronger = worth more = higher value

Question 2

Depreciation

Answer 2

= getting weaker = worth less = lower value

Question 3

Determining factors of a country’s economic health

Answer 3

interest rates, inflation, and the currency exchange rate

Question 4

A higher-valued currency makes a country’s: export? imports?

Answer 4

A country’s imports less expensive at home and its exports more expensive in foreign markets.

Question 5

How to?: Invert exchanges

Answer 5

euro/dollar -> 1/(euro/dollar) -> dollar/euro