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    International Economics Study Set 12
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    Exam 11: Foreign Exchange
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    A Depreciation of the Dollar Will Have Its Most Pronounced
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A Depreciation of the Dollar Will Have Its Most Pronounced

Question 181

Question 181

Multiple Choice

A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is


A) constant.
B) inelastic.
C) elastic.
D) unitary elastic.

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