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The Figure Given Below Depicts the Foreign Exchange Market for British

Question 46

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The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2
The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2 -Countries that maintain a constant gold value for their currencies are said to be on a gold standard.
-Countries that maintain a constant gold value for their currencies are said to be on a gold standard.

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