A real appreciation of the domestic currency has each of the following effects EXCEPT
A) It helps hold down domestic inflation.
B) It helps domestic importers as imported goods and raw materials cost less.
C) It shifts resources within the domestic economy from export-oriented firms toward import-oriented firms.
D) More than one of the above
E) None of the above
Correct Answer:
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Q46: A real depreciation of the domestic currency
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Q48: Fundamental analysts believe that the currency markets
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