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Given a System of Floating Exchange Rates,stronger U

Question 198

Multiple Choice

Given a system of floating exchange rates,stronger U.S.preferences for imports would trigger:


A) An increase in the demand for imports and an increase in the demand for foreign currency
B) An increase in the demand for imports and a decrease in the demand for foreign currency
C) A decrease in the demand for imports and an increase in the demand for foreign currency
D) A decrease in the demand for imports and a decrease in the demand for foreign currency

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