An example of currency ________ would be if the value of the U.S dollar rises against the Malagasy ariary (the currency of Madagascar).

Question

Quizplus · Accepted Answer

Currency appreciation refers to an increase in the value of one currency relative to another currency. In the given example, if the value of the U.S dollar rises against the Malagasy ariary, it means that one U.S dollar can buy more Malagasy ariary. This would make U.S imports cheaper for the Malagasy people and Malagasy exports more expensive for U.S consumers.

An Example of Currency ________ Would Be If the Value