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 ______. Options: A . &nbspCurrency appreciation B . &nbspCurrency depreciation C . &nbspCurrency devaluation D . &nbspCurrency float

The deliberate lowering of the price of a nation’s currency in terms of the ac

Question

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 ______.

Options:

A . Currency appreciation

B . Currency depreciation

C . Currency devaluation

D . Currency float

Answer: Option C

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