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    Exam 6: Foreign Exchange and Exchange Rates
  5. Question
    Other Things Remaining the Unchanged, When in a Country the Price
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Other Things Remaining the Unchanged, When in a Country the Price

Question 7

Question 7

Multiple Choice

Other things remaining the unchanged, when in a country the price of foreign currency rises, national income is:


A) Likely to rise
B) Likely to fall
C) Likely to rise or to fall
D) Not affected

Correct Answer:

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