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Under a system of freely floating exchange rates, an increase in the international ...

Under a system of freely floating
exchange rates, an increase in the
international value of a country’s currency will cause ____
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Its exports to rise
  • B Its imports to rise
  • C Gold to flow into that country
  • D Its currency to be in surplus
  • E Devaluation
Correct Answer: Option B
Explanation:

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