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Home Q & A Board Other Fields Homework Help Business Economics
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shayeshaye00 shayeshaye00
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3 years ago
Which one of the following would cause an appreciation of the exchange rate (in each case assume that nothing else changes)?

▸ Speculation that the rate of interest will fall

▸ A reduction in the current account deficit (and no change in the other parts of the balance of payments)

▸ An increase in domestic incomes

▸ Inflation increases relative to inflation rates abroad.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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kwashington67kwashington67
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3 years ago
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