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bedau bedau
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6 years ago
Under a fixed exchange rate system, if the British pound is undervalued, the British monetary authorities must
A) buy pounds or sell dollars.
B) sell pounds or buy dollars.
C) sell foreign exchange or gold and buy pounds.
D) devalue their currency.
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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6 years ago
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bedau Author
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Brilliant ツ
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