The foreign exchange market is unique in that all the, Financial Management

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The foreign exchange market is unique in that all the

1. Other things equal, a currency_______tends to benefit consumers.

a. depreciating

b. appreciating

c. stable

d. all of above

2. The foreign exchange market is unique in that all the commodities (monies) must be perfect for each other.

a. complements

b. substitutes

c. independent

d. none of the above

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Financial Management: The foreign exchange market is unique in that all the

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