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

Question

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

Answer 1

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

Correct Answer: C. Sweden’s export goods become cheaper to Norway’s residents ✔

Last Updated: June 11, 2019