Consider the following statement: ""a country’s currency will appreciate if its inflation rate is less than that of the rest of the world."" this statement is

True.

Explanation:

The given assertion would be true as it there arises a situation in which the inflation of a country is comparatively lesser than the inflation rate in the rest of the world, this leads to making the imports cheaper(due to comparative lesser inflation rate) and increased exports as well as the increased foreign currency supply. The increased supply of foreign currency leads to an appreciation in the value of the currency. Therefore, the assertion is true.