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Economics
MEDIUM
ENGLISH
Economics
Suppose, due to political instability, Russians suddenly choose to purchase UK assets as opposed to Russian assets Which of the following statements is true regarding the value of the pound and UK net exports ?
A
The pound appreciates, and UK net exports rise
Option A
The pound appreciates, and UK net exports fall
Correct answer
C
The pound depreciates, and UK net exports rise
Option C
D
The pound depreciates, and UK net exports fall
Option D
Correct answer: B
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