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Assume That Interest Rates in the United States and Britain

Question 177

Multiple Choice

Assume that interest rates in the United States and Britain are the same.If a U.S.resident anticipates that the exchange value of the dollar is going to appreciate against the pound,she should:


A) Borrow needed funds from British banks rather than U.S.banks
B) Borrow needed funds from U.S.banks rather than British banks
C) Convert U.S.dollars into British pounds
D) Any of the above

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