3885EconomicsMedium
If Sweden’s currency depreciates relative to Norway’s currency?
ANorway’s export goods become more expensive to Norway’s residents
BSweden’s export goods become cheaper to Norway’s residents
CSweden’s export goods become cheaper to Sweden’s residents
DNorway’s exports goods become cheaper to Sweden’s residents
Correct answer
B. Sweden’s export goods become cheaper to Norway’s residents
Explanation
The correct answer is Sweden’s export goods become cheaper to Norway’s residents.