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    Applied International Economics
  4. Exam
    Exam 14: Exchange Rates and Their Determination: A Basic Model
  5. Question
    If the Dollar/pound Exchange Rate Goes from $2/pound to $3/per
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If the Dollar/pound Exchange Rate Goes from $2/pound to $3/per

Question 5

Question 5

True/False

If the dollar/pound exchange rate goes from $2/pound to $3/per pound then both the dollar and the pound have depreciated.

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