When exchange rate value falls against another currency, it is known as :

Question

BlackTom AI · Accepted Answer

Examining the phrasing of the question, we need to identify what it means when one currency's value falls relative to another.
Option 1: depreciation. This term correctly describes a decrease in the value of a currency in the market, meaning it buys fewer units of foreign currency than before. It reflects a weakening of the currency in foreign exchange markets and is the standard, everyday term used for market-driven declines.
Option 2: revaluation. Revaluation refers to an increase in the value of a currency in a fixed or pegged exchange rate system, where the government or central bank adjusts the rate upward. Since the question describes a fall in value, this is the opposite of what revaluation denotes, so it is incorrect here.
Option 3: appreciation. Appreciation is the antonym of depreciation; it means the currency has strengthened or risen in value relative to others. The scenario in the question is about a fall, not a rise, so this does not fit.
Option 4: devaluation. Devaluation involves a deliberate, official lowering of a currency’s value under a fixed exchange rate regime. While related to currency value changes, devaluation is a policy action, not the general market outcome described by a fall in value against another currency. In many contexts, it is distinct from market depreciation and thus not the most accurate label for a market-driven decline.
Overall, the choice that best matches a fall in value against another currency is depreciation, as it captures the standard market-driven weakening of a currency rather than an official adjustment or a rise in value.

When exchange rate value falls against another currency, it is known as :

查看解析

登录即可查看完整答案

类似问题

The value of the dollar relative to other currencies is falling. We would predict ___.

When exchange rate value falls against another currency, it is known as :

当汇率价值相对于另一种货币下跌时，这被称为：

A currency has depreciated when:

A rapid depreciation of a country’s home currency can lead—and has led—to serious consequences, including which of the following as a most serious consequence?

Which of the following describes currency depreciation?

Among the following countries, which one has experienced a severe drop in its currency value during the last couple of decades?

In a consumer society, many adults channel creativity into buying things

更多留学生实用工具

考试浏览器助手

风格化写作助手

论文查重助手

文献引用助手

课堂转译助手

课堂笔记助手

Quiz搜索助手

学校历年真题

智能刷题助手

智能匹配练习

希望你的学习变得更简单