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According to the Text,scarcity of Foreign Exchange Can Affect Even

Question 81

Multiple Choice

According to the text,scarcity of foreign exchange can affect even firms that merely export to nations with high foreign debt because


A) the government cannot borrow more money to pay for the exports.
B) governments of those nations are likely to impose import restrictions.
C) their export sales will depend on the ability of those governments to borrow foreign exchange.
D) they will have to pay more for their foreign exchange.
E) their wage rates will increase significantly.

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