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    Economics for Business
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    Exam 27: The Balance of Payments and Exchange Rates
  5. Question
    If Currency Dealers Expect the Value of the Pound to Fall
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If Currency Dealers Expect the Value of the Pound to Fall

Question 75

Question 75

Multiple Choice

If currency dealers expect the value of the pound to fall, then it will


A) fluctuate more than usual.
B) depreciate.
C) appreciate.
D) not be affected.

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