The World Trade Organization replaced the General Agreement on Tariffs and Trade in the mid-1990s
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Q38: When aggregate demand for dollars exceeds aggregate
Q39: When the European Union is doing well
Q40: When Japanese companies invest in the US,
Q41: A soft, or inconvertible currency is one
Q42: In the currency convertibility process, countries float
Q44: Major currencies such as the dollar, yen,
Q45: When countries have hard, convertible currencies, they
Q46: Currency convertibility is all about establishing realistic
Q47: International firms prefer investment in weak currency
Q48: When the US currency appreciates in value
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