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    International Economics Study Set 1
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    Exam 12: Exchange Rate Determination
  5. Question
    If Consumer Tastes in the United States Change in Favor
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If Consumer Tastes in the United States Change in Favor

Question 74

Question 74

True/False

If consumer tastes in the United States change in favor of goods produced in France,the demand for francs will increase which causes an appreciation of the dollar against the franc under a floating exchange rate system.

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