Business Studies, asked by venkat3528, 11 months ago

Assume a nation's external wealth is negative. Also assume all liabilities and assets are denominated in a foreign currency. How will its wealth change when its currency appreciates in world markets?

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Answered by anjana181433

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Assume a nation's external wealth is negative. Also assume all liabilities and assets are denominated in a foreign currency. How will its wealth change when its currency appreciates in world markets.

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