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    Exam 11: Foreign Exchange, trade, and Bubbles
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    An Increase in the US Demand for Pound Causes
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An Increase in the US Demand for Pound Causes

Question 8

Question 8

Multiple Choice

An increase in the US demand for pound causes


A) An appreciation of the pound
B) Depreciation in the dollar
C) None of the above
D) Both a and b

Correct Answer:

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