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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 the Dollar Appreciates Relative to the Euro, Then
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If the Dollar Appreciates Relative to the Euro, Then

Question 69

Question 69

Multiple Choice

If the dollar appreciates relative to the euro, then


A) the euro can also appreciate.
B) the euro has depreciated.
C) the value of the euro is unchanged.
D) the value of the euro may or may not have changed.

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