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United StatesEconomicsQuick questions

Unit 6: Open Economy - International Trade and Finance

Quick questions on Exchange rates - AP Macroeconomics Topic 6.2

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Define currency appreciation. [1 point]
What is q2?
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If 1 domestic unit = 4 foreign units, how many domestic units does 1 foreign unit cost? [1 point]

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