If a nation’s interest rates are relatively low compared to those of other countries, then the exchange value of its currency will tend to a. appreciate under a system of fixed exchange rates. b. remain constant. c. depreciate under a system of floating exchange rates. d. appreciate under a system of floating exchange rates.

If a nation’s interest rates are relatively low compared to
those of other countries, then the exchange value of its currency will
tend to

a.     appreciate under a system of fixed exchange rates.

b.    remain constant.

c.     depreciate under a system of floating exchange rates.

d.    appreciate under a system of floating exchange rates.