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    Economics for Business
  4. Exam
    Exam 11: Analysing the Macroeconomic Environment
  5. Question
    An Increase in the Value of a Currency Is Likely
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An Increase in the Value of a Currency Is Likely

Question 1

Question 1

Multiple Choice

An increase in the value of a currency is likely to:


A) Make exports abroad cheaper in the foreign currency
B) Make imports abroad more expensive in the foreign currency
C) Reduce export sales
D) Reduce imports

Correct Answer:

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