Expansionary monetary policy by the foreign country

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Reference no: EM13774407

Expansionary monetary policy by the foreign country will lead to a ______________ of the home currency, while expansionary monetary policy in the home country will lead to a ____________ of the home currency.

a) appreciation; appreciation.

b) appreciation; depreciation.

c) depreciation; depreciation.

d) depreciation; appreciation.

Reference no: EM13774407

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