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  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 18: B: The Balance of Payments and Exchange Rates
  5. Question
    If a Nation Has a Balance of Payments Deficit and Exchange
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If a Nation Has a Balance of Payments Deficit and Exchange

Question 118

Question 118

True/False

If a nation has a balance of payments deficit and exchange rates are flexible, the price of that nation's currency in the foreign exchange markets will rise.

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