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Under a System of Floating Exchange Rates,a U

Question 168

Multiple Choice

Under a system of floating exchange rates,a U.S.trade deficit with Japan will cause:


A) A flow of gold from the United States to Japan
B) The U.S.government to ration yen to U.S.importers
C) An increase in the dollar price of yen
D) A decrease in the dollar price of yen

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