The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ____________________? | MCQ Hive

Civil Engineering MCQs

Q The deliberate lowering of the price of a nation’s currency in terms of the accepted standard (Gold, American dollar or the British pound) is known as ____________________?

A A. Currency appreciation
B B. Currency depreciation
C C. Currency devaluation
D D. Currency float

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