An excess supply of dollars will cause an appreciation of the pound relative to the dollar.

Name: An excess supply of dollars will cause an appreciation of the pound relative to the dollar.
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Question

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An excess supply of dollars means there are more dollars available than demanded, leading to a decrease in the dollar's value. Consequently, the pound will appreciate relative to the dollar as it becomes relatively more valuable.

An Excess Supply of Dollars Will Cause an Appreciation of the Pound