From the words lettered A to D, choose the word that best completes each of the following sentences. Within one year, that country has _________its currency...
Question 1 Report
From the words lettered A to D, choose the word that best completes each of the following sentences.
Within one year, that country has _________its currency five times.
Answer Details
The correct option is "devalued."
The sentence implies that the country has experienced significant fluctuations in the value of its currency. To "devalue" a currency means to reduce its value in relation to other currencies. It is a common strategy used by governments to boost exports by making their goods cheaper on the international market.
Therefore, the correct word that best fits the context of the sentence is "devalued." The other options do not fit the context, as "reduced" is too general, "revamped" is irrelevant, and "defaced" has a completely different meaning.
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