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tifftran tifftran
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A year ago
If a country has persistent trade deficits, which is likely to eventually happen in the market for that country's currency if the country's central bank does not intervene?

▸ The demand curve for the currency shifts to the left resulting in an appreciation.

▸ The demand curve for the currency shifts to the right resulting in an appreciation.

▸ The demand curve for the currency shifts to the left resulting in a depreciation.

▸ The supply curve for the currency shifts to the left resulting in a depreciation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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avi420avi420
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A year ago
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