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-In Exhibit FF-6, If the Exchange Rate of Dollars Per

Question 162

Multiple Choice

-In Exhibit FF-6, if the exchange rate of dollars per British pound is fixed at 1.70, A) it would contribute to a U.S. trade deficit B) U.S. exports would exceed imports C) Great Britain would run a trade deficit D) British imports would exceed their exports E) the dollar price per British pound is too high
-In Exhibit FF-6, if the exchange rate of dollars per British pound is fixed at 1.70,


A) it would contribute to a U.S. trade deficit
B) U.S. exports would exceed imports
C) Great Britain would run a trade deficit
D) British imports would exceed their exports
E) the dollar price per British pound is too high

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