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    International Economics Study Set 12
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    Exam 11: Foreign Exchange
  5. Question
    Given an Upward-Sloping Supply Schedule of Pounds and a Downward-Sloping
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Given an Upward-Sloping Supply Schedule of Pounds and a Downward-Sloping

Question 30

Question 30

True/False

Given an upward-sloping supply schedule of pounds and a downward-sloping demand schedule for pounds, a decrease in the demand schedule causes an appreciation of the dollar against the pound.

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