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    Money Banking and Financial Markets
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    Exam 18: The International Financial System
  5. Question
    Countries with Balance of Payments Deficits Do Not Want to See
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Countries with Balance of Payments Deficits Do Not Want to See

Question 2

Question 2

Multiple Choice

Countries with balance of payments deficits do not want to see their currencies ________ because it makes foreign goods ________ expensive for domestic consumers.


A) appreciate;less
B) appreciate;more
C) depreciate;less
D) depreciate;more

Correct Answer:

verifed

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