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    International Economics Study Set 9
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    Exam 13: Introduction to Exchange Rates and the Foreign Exchange Market
  5. Question
    If E<sub>$/£</sub> Increases by 20%, This Is Consistent with an Increase
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If E$/£ Increases by 20%, This Is Consistent with an Increase

Question 140

Question 140

Multiple Choice

If E$/£ increases by 20%, this is consistent with an increase from:


A) 4 to 5.
B) 4 to 6.
C) 5 to 6.
D) 4 to 7.

Correct Answer:

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