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    Microeconomics Study Set 13
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    Exam 27: The Balance of Payments, Exchange Rates, and Trade Deficits
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    Under Freely Flexible (Floating) Exchange Rates, If the Dollar Price
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Under Freely Flexible (Floating) Exchange Rates, If the Dollar Price

Question 84

Question 84

True/False

Under freely flexible (floating) exchange rates, if the dollar price of pounds rises, the pound price of dollars will fall.

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