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What happens when a nation's currency depreciates? a. its products become more expensive to other nations. b. its trade increases. c. its products become cheaper to other nations. d. its trade decreases?

Ronald Miller

in Business

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Cynthia Baker on July 5, 2018

I think the answer is C products become cheaper to other nationWhen the currency of a country depreciates, the value of the depreciated currency, will be reduced in comparison to other nations.So if you USE the currency depreciates, and before depreciation other country needs to spend 10 Euros to get a 10 products of our country, after depreciation other country could get 11 products with the same 10 Euros.


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