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If the US Dollar Appreciates by 10% Against the British Pound, but Pound

Question 128

Multiple Choice

If the U.S. dollar appreciates by 10% against the British pound, but during that same time Britain has a 15% inflation rate, then British wool sweaters will appear _____ buyers.


A) less expensive to American
B) less expensive to British
C) to have the same price to British
D) more expensive to American

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