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    International Economics Study Set 1
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    Exam 15: Exchange Rate Systems and Currency Crises
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    A Market-Determined Decrease in the Dollar Price of the Pound
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A Market-Determined Decrease in the Dollar Price of the Pound

Question 109

Question 109

Multiple Choice

A market-determined decrease in the dollar price of the pound is associated with:


A) Revaluation of the dollar
B) Devaluation of the dollar
C) Appreciation of the dollar
D) Depreciation of the dollar

Correct Answer:

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