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    Macroeconomics Study Set 43
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    Exam 18: B: The Balance of Payments and Exchange Rates
  5. Question
    Under Flexible Exchange Rates a Canadian Trade Deficit with Britain
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Under Flexible Exchange Rates a Canadian Trade Deficit with Britain

Question 72

Question 72

True/False

Under flexible exchange rates a Canadian trade deficit with Britain will cause the dollar price of pounds to rise.

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