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Any Event That Increases the Supply of British Pounds to Be

Question 49

Multiple Choice

Any event that increases the supply of British pounds to be exchanged for U.S. dollars should result in a(n) ____ in the value of the British pound with respect to ____, other things being equal.​


A) ​increase; the U.S. dollar
B) ​increase; nondollar currencies
C) ​decrease; nondollar currencies
D) ​decrease; the U.S. dollar

Correct Answer:

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