Multiple Choice
An increase in Japanese citizens' purchases of holidays in the UK would
A) Cause the pound to appreciate, but the total value of UK net exports stays the same.
B) Cause the pound to depreciate, but the total value of UK net exports stays the same.
C) Cause the total value of UK net exports to increase, but the foreign exchange value of the pound to appreciate stays the same.
D) Cause the total value of UK net exports to decrease, but the foreign exchange value of the pound to appreciate stays the same.
Correct Answer:
Verified
Correct Answer:
Verified
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