A. appreciates
B. depreciates
C. remains unchanged
D. expands
Correct Answer: Option B
B. depreciates
Explanation
If the demand for a foreign currency exceeds its supply, the exchange rate will increase. This will cause the local currency to suffer. because more of the local currency will be used to exchange for less of the foreign currency
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…