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The Figure Given Below Depicts the Foreign Exchange Market for British

Question 108

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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 -If interest rates in Europe fall below interest rates in the United States, then, other things equal, the demand for euros will decrease.
-If interest rates in Europe fall below interest rates in the United States, then, other things equal, the demand for euros will decrease.

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