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    Macroeconomics Study Set 43
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    Exam 18: B: The Balance of Payments and Exchange Rates
  5. Question
    In Considering British Pound and Dollar, the Rates of Exchange
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In Considering British Pound and Dollar, the Rates of Exchange

Question 23

Question 23

Multiple Choice

In considering British pound and dollar, the rates of exchange for the pound and the dollar:


A) are directly related.
B) are inversely related.
C) are unrelated.
D) move in the same direction.

Correct Answer:

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