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Chako Chako
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8 years ago
A person holding dollar deposits during the devaluation of the dollar would
A) shift their wealth into domestic investments.
B) enjoy a monetary gain.
C) see the foreign currency value of dollar assets increase by the amount of the exchange rate change.
D) suffer a monetary loss and see the foreign currency value of dollar assets decrease by the amount of the exchange rate change.
E) see no change in their investments.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
wrote...
#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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