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    Exam 15: The Foreign Exchange Market
  5. Question
    Higher Tariffs and Quotas Cause a Country's Currency to ________
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Higher Tariffs and Quotas Cause a Country's Currency to ________

Question 34

Question 34

Multiple Choice

Higher tariffs and quotas cause a country's currency to ________ in the ________ run.


A) depreciate; short
B) appreciate; short
C) depreciate; long
D) appreciate; long

Correct Answer:

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