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A Stronger U

Question 165

Multiple Choice

A stronger U.S. dollar in world exchange markets means that


A) a dollar buys more units of foreign currency than it could before.
B) a dollar buys less units of foreign currency than it could before.
C) a dollar buys the same amount of foreign currency than it could before, with gold backing up the value of the dollar.
D) foreigners sell the dollars that they have.

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