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    Principles of Microeconomics
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    Exam 20: Exchange Rates, Balance of Payments, and International Debt
  5. Question
    Arbitrage Works to Create a General Equilibrium of Exchange Rates
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Arbitrage Works to Create a General Equilibrium of Exchange Rates

Question 106

Question 106

True/False

Arbitrage works to create a general equilibrium of exchange rates in the foreign exchange market.

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