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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 20: Exchange Rates, Balance of Payments, and International Debt
  5. Question
    If a Country Experiences Deflation, Its Currency Will Increase in Value
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If a Country Experiences Deflation, Its Currency Will Increase in Value

Question 109

Question 109

True/False

If a country experiences deflation, its currency will increase in value relative to its trading partners, ceteris paribus.

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