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The Brexit Vote in June 2016 Resulted in Higher Expected

Question 129

Multiple Choice

The Brexit vote in June 2016 resulted in higher expected trade barriers. The relative expected return on British (pound) assets therefore ________ and so the quantity demanded of pound assets ________ at any given exchange rate,shifting the demand curve for pound assets to the ________.


A) fell;declined;left
B) fell;increased;right
C) fell;declined;right
D) rose;declined;left
E) rose;increased;left

Correct Answer:

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