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When the Dollar Appreciates in Foreign-Exchange Markets Relative to Other

Question 29

Multiple Choice

When the dollar appreciates in foreign-exchange markets relative to other currencies,it can


A) buy more goods and services from other countries.
B) buy fewer goods and services from other countries.
C) buy a steady amount of goods and services from other countries.
D) buy more goods but fewer services from other countries.
E) buy fewer goods but more services from other countries.

Correct Answer:

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