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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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    To Keep the Pound's Exchange Value from Depreciating Against the Franc,the
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To Keep the Pound's Exchange Value from Depreciating Against the Franc,the

Question 91

Question 91

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To keep the pound's exchange value from depreciating against the franc,the British exchange stabilization fund would sell pounds for francs on the foreign exchange market.

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