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    Applied International Economics
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    Exam 14: Exchange Rates and Their Determination: A Basic Model
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    If the Foreign Exchange Value of the Euro Changes from .95
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If the Foreign Exchange Value of the Euro Changes from .95

Question 39

Question 39

True/False

If the foreign exchange value of the Euro changes from .95 dollars to 1.05 dollars, then the dollar has depreciated against the Euro.

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