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The Effect of an Increase in the Exchange Rate for British

Question 3

Multiple Choice

The effect of an increase in the exchange rate for British pounds relative to other major world currencies would include:


A) Offshore debt would become more expensive.
B) The cost of importing goods from overseas would increase.
C) People buying goods overseas with British pounds would find the goods relatively cheaper than before.
D) The cost of British exports for overseas buyers would decrease.

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