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    Financial System and the Economy Principles
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    Exam 16: How Exchange Rates Are Determined
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    If an American-Made Handbag Cost $129
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If an American-Made Handbag Cost $129

Question 93

Question 93

Multiple Choice

If an American-made handbag cost $129.00 and the dollar appreciated, the foreign price of the handbag would tend to


A) remain the same.
B) increase.
C) decrease.
D) None of the above is correct.

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