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Reptor Reptor
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6 years ago
If a central bank wishes to lower the foreign-exchange value of its currency, it will
A) buy domestic currency and sell foreign assets.
B) sell domestic currency and buy foreign assets.
C) attempt to raise domestic interest rates.
D) attempt to lower the domestic price level relative to foreign price levels.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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6 years ago
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Reptor Author
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6 years ago
Smart ... Thanks!
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Yesterday
Good timing, thanks!
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2 hours ago
Thanks
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