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Which of the Following People or Firms Would Be Pleased

Question 19

Multiple Choice

Which of the following people or firms would be pleased by a depreciation of the rand against the US dollar?


A) All the people and firms mentioned in these answers.
B) A French exporter of wine to the SA.
C) An American tourist visiting Cape Town.
D) A SA importer of French wine.
E) A SA company that wishes to expand abroad by building a factory in Lesotho.

Correct Answer:

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