Multiple Choice
In a flexible exchange rate system, which of the following would NOT cause the U.S. dollar to depreciate relative to the British pound?
A) a decrease in demand for British goods in the United States
B) an increase in demand for British goods in the United States
C) a decrease in British demand for U.S. exports
D) a shift to the left in the supply of British goods to the United States
Correct Answer:

Verified
Correct Answer:
Verified
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