Everything else held constant, when a country's currency depreciates, its goods abroad become expensive while foreign goods in that country become expensive. Question 31 options: A) less; less B) more; less C) less; more D) more; more

Depreciation of a country makes it less expensive in the foreign exchange market. Importers will acquire a depreciated currency using less quantity of their nation's currency. A depreciated currency makes exports cheaper because the exchange rate for that currency will be lower. Goods and services imported from a country with a depreciated country will be cheaper in the local markets.

A nation with a depreciated currency tends to have import trade in its markets expensively. Traders use more units of the local currency to import. Consequently, the imported goods will be more expensive.

Everything else held constant, when a country's currency depreciates, its goods abroad become ________ expensive while foreign goods in that country become ________ expensive. Question 31 options: A) less; less B) more; less C) less; more D) more; more

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Everything else held constant, when a country's currency depreciates, its goods abroad become expensive while foreign goods in that country become expensive. Question 31 options: A) less; less B) more; less C) less; more D) more; more