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An Appreciation of a Country's Currency Leads to

Question 3

Multiple Choice

An appreciation of a country's currency leads to


A) both an increase in exports and imports, leaving net exports unchanged.
B) an increase in net exports.
C) a decrease in net exports.
D) both a decrease in exports and imports, leaving net exports unchanged.
E) either an increase or decrease in net exports, depending on the size of the country.

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