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    Economics for Business
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    Exam 27: The Balance of Payments and Exchange Rates
  5. Question
    If the UK's Usual Net Import of Goods Is Not
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If the UK's Usual Net Import of Goods Is Not

Question 58

Question 58

True/False

If the UK's usual net import of goods is not balanced by a similar net export of services then, under a floating exchange rate, the exchange rate must change.

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