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rafiki121 rafiki121
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A month ago
Why did the British authorities continue to defend the pound despite its overvaluation?
Textbook 

Macroeconomics


Edition: 3rd
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naderaidenaderaide
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A month ago
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More solutions for this book are available here
The British authorities thought the overvaluation was temporary and that British prices would fall relative to the prices of their trading partners, which would then lead to increased exports for the United Kingdom and a right shift of the demand curve for pounds.

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rafiki121 Author
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A month ago
Good timing, thanks!
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Smart ... Thanks!
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