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valputin valputin
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8 years ago
Under the current managed float exchange rate regime, countries with ________ in their balance of payments frequently do not want to see their currencies ________ because it makes their goods more expensive abroad and foreign goods cheaper in their countries.
A) deficits; depreciate
B) surpluses; depreciate
C) surpluses; appreciate
D) deficits; appreciate
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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8 years ago
C) surpluses; appreciate
valputin Author
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#3
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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#4
8 years ago
Great! Happy to be right Face with Stuck-out Tongue
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