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  3. Study Set
    Macroeconomics Study Set 68
  4. Exam
    Exam 21: The Balance of Payments, Exchange Rates, and Trade Deficits
  5. Question
    Under flExible (flOating) Exchange Rates, If the Dollar Price of Pounds
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Under flExible (flOating) Exchange Rates, If the Dollar Price of Pounds

Question 59

Question 59

True/False

Under flexible (floating) exchange rates, if the dollar price of pounds rises, the pound price of dollars
will fall.

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