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If Foreign Exchange Traders Become Certain That the Value of the Yen

Question 32

Multiple Choice

If foreign exchange traders become certain that the value of the yen will rise against the Australian dollar in the future,the likely result is that the:


A) demand for yen will fall in anticipation.
B) current value of the yen against the Australian dollar will fall.
C) current value of the yen against the Australian dollar will rise.
D) nominal rates in Japan will fall.

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