Over the last 5 years the amount of country A's currency it took to buy a unit of country B's currency more than doubled.
A. Did country A's currency depreciate or appreciate?
B. According to purchasing-power parity, what explains the change in the value of country B's currency?

Question

Quizplus · Accepted Answer

The Answer of Over the last 5 years the amount of country A's currency it took to buy a unit of country B's currency more than doubled.
A. Did country A's currency depreciate or appreciate?
B. According to purchasing-power parity, what explains the change in the value of country B's currency?

Over the Last 5 Years the Amount of Country A's