Exchange rate is the price of one currency in terms of the currency of another country
Depreciation of the currency is the decline brought about by a market force in the price of a domestic currency in terms of a foreign currency
Devaluation of the currency is a decline brought about by the intervention of the government in the price of a domestic currency in terms of a foreign currency
Appreciation of the currency is the rise brought about by the market forces in the price of a domestic currency in terms of a foreign currency
Terms of trade is the ratio of exchange between the exports and imports of a country
Dana05 answered the question on August 14, 2019 at 07:34
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