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Which of the Following Statements Regarding the Market for Foreign

Question 34

Multiple Choice

Which of the following statements regarding the market for foreign currency exchange is true? An increase in SA net exports


A) decreases the supply of rands and the rand depreciates.
B) increases the demand for rands and the rand appreciates.
C) increases the supply of rands and the rand depreciates.
D) decreases the demand for rands and the rand appreciates.

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