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Chako Chako
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8 years ago
Under flexible exchange rate regime, a money-induced
A) increase in U.S. prices causes an eventual appreciation of the foreign currencies against the dollar.
B) decrease in U.S. prices causes no change in foreign exchange rate.
C) increase in U.S. prices causes an eventual depreciation of the foreign currencies against the dollar.
D) increase in U.S. prices causes an immediate appreciation of the foreign currencies against the dollar.
E) decrease in U.S. prices causes an immediate appreciation of the foreign currencies against the dollar.
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
Good luck
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