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Policymakers May Not Want to See Their Country's Currency Appreciate

Question 29

Multiple Choice
Policymakers may not want to see their country's currency appreciate because

Policymakers may not want to see their country's currency appreciate because


A) this would hurt consumers in their country by making foreign goods more expensive.
B) this would hurt domestic businesses by making foreign goods cheaper in their country.
C) this would increase inflation in their country.
D) this would decrease the wealth of the country.

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