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    International Economics Study Set 12
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    Exam 12: Exchange Rate Determination
  5. Question
    Economies with Relatively High Growth Rates in Labor Productivity Tend
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Economies with Relatively High Growth Rates in Labor Productivity Tend

Question 178

Question 178

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Economies with relatively high growth rates in labor productivity tend to find their currencies' exchange values appreciating under a floating exchange-rate system.

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