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    International Financial Management
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    Exam 4: Exchange Rate Determination
  5. Question
    If the British Government Desires an Appreciation in Its Currency
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If the British Government Desires an Appreciation in Its Currency

Question 29

Question 29

True/False

If the British government desires an appreciation in its currency with respect to the U.S. dollar, it would consider intervening in the foreign exchange market by buying dollars with pounds.

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