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14.1 How the foreign exchange market works

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  • Card 15 / 21:
    appreciating

    when a currency is worth more in terms of other currencies; also called “strengthening”

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Practice FlashCards 8 Key Terms 7

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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