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Figure 15.2 Market for the British Pound

Question 28

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Figure 15.2 Market for the British Pound Figure 15.2 Market for the British Pound -Refer to Figure 15.2.Suppose that the United States increases its imports from England.Other things equal, under a floating exchange rate system the new equilibrium exchange rate would be A) $0.40 per pound. B) $0.60 per pound. C) $0.80 per pound. D) $1 per pound.
-Refer to Figure 15.2.Suppose that the United States increases its imports from England.Other things equal, under a floating exchange rate system the new equilibrium exchange rate would be


A) $0.40 per pound.
B) $0.60 per pound.
C) $0.80 per pound.
D) $1 per pound.

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