Under a flexible exchange rate system, an increase in the value of the U.S. dollar in terms of other currencies is referred to as a depreciation of the U.S. dollar. an appreciation of the U.S. dollar....

Under a flexible exchange rate system, an increase in the value of the U.S. dollar in terms of other currencies is referred to as

1. a depreciation of the U.S. dollar.


2. an appreciation of the U.S. dollar.


3. a monetizing of the U.S. dollar.


4. a devaluation of the U.S. dollar.