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Figure 19-3 ​

Question 112

Multiple Choice

Figure 19-3
​ Figure 19-3 ​ -Of the graphs in Figure 19-3, where the dotted line shows the actual exchange rate, which one shows a country with an undervalued currency and a balance of trade surplus? A) 1 B) 2 C) 3 D) 4
-Of the graphs in Figure 19-3, where the dotted line shows the actual exchange rate, which one shows a country with an undervalued currency and a balance of trade surplus?


A) 1
B) 2
C) 3
D) 4

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