An increase in Japanese citizens' purchases of holidays in SA would
A) cause the rand to appreciate, but the total value of SA net exports stays the same.
B) cause the rand to depreciate, but the total value of SA net exports stays the same.
C) cause the total value of SA net exports to increase, but the foreign exchange value of the rand to appreciate stays the same.
D) cause the total value of SA net exports to decrease, but the foreign exchange value of the rand to appreciate stays the same.
Correct Answer:
Verified
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