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    Microeconomics Study Set 45
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    Exam 27: The Balance of Payments, Exchange Rates, and Trade Deficits
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    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 84

Question 84

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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