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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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    If Uganda Sets Its Par Value at 400 Shillings Per
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If Uganda Sets Its Par Value at 400 Shillings Per

Question 131

Question 131

True/False

If Uganda sets its par value at 400 shillings per SDR and Burundi sets its par value at 200 francs per SDR, the official exchange rate is 1 franc = o.5 shillings.

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