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kodan kodan
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6 years ago
Suppose the exchange rate was $0.50 for one British pound. If the exchange rate falls to $0.20 for one pound, we would expect to see
A) more exports to the U.K. since the price of the pound has risen.
B) fewer exports to the U.K. since the price of the pound has risen.
C) more U.S. imports from the U.K. since the price of the pound has fallen.
D) more U.S. exports since the price of the dollar has fallen.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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DaiwalkerXDaiwalkerX
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6 years ago
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kodan Author
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#2
6 years ago
Genius!!
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#3
6 years ago
Thanks, I'm blushing Grinning Face with Smiling Eyes
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