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Question #47743

If Sweden’s currency depreciates relative to Norway’s currency ?

Options:

A) Norway’s export goods become more expensive to Norway’s residents

B) Norway’s exports goods become cheaper to Sweden’s residents

C) Sweden’s export goods become cheaper to Norway’s residents

D) Sweden’s export goods become cheaper to Sweden’s residents

Answer: If Sweden’s currency depreciates relative to Norway’s currency Sweden’s export goods become cheaper to Norway’s residents.

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