[Journey to Fate]

For whatever reason, on the econ section, I always get mixed up on the appreciate/depreciate questions and how they affect the different countries and imports/exports,etc………does someone have a good trick for understanding this concept?

BEC- 67, 69

[wldcatnc]

When dealing with imports/exports, I generally think of depreciation as price/value going down. What happens when price/value go down? The stuff you are selling is cheap therefore more people want to buy it.

So how does a country make their stuff cheap? They depreciate their currency to make their exports more attractive to outside buyers.

It seems kinda of stupid but as long as you think about associating exports with depreciation and vice versa you'll be fine.

FAR: 81
REG: 85
AUD: 73,71,83
BEC: 82

DONE!!!!!!

[Shay]

see my post.

https://www.another71.com/cpa-exam-forum/topic/depreciation-currency

[Author]

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