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    International Economics Study Set 12
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    Exam 14: Exchange Rate Adjustments and the Balance of Payments
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    A Market-Determined Decrease in the Dollar Price of the Pound
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A Market-Determined Decrease in the Dollar Price of the Pound

Question 153

Question 153

Multiple Choice

A market-determined decrease in the dollar price of the pound is associated with


A) revaluation of the dollar.
B) devaluation of the dollar.
C) appreciation of the dollar.
D) depreciation of the dollar.

Correct Answer:

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