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Economics
MEDIUM
ENGLISH
Economics
Under managed floating exchange rates if the rate of inflation in the United States is less than the rate of inflation of its trading partners the dollar will likely ?
appreciates against foreign currencies
Correct answer
B
depreciates against foreign currencies
Option B
C
be officially revalued by the government
Option C
D
be officially devalued by the government
Option D
Correct answer: A
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