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When the Real Exchange Rate of a Country's Currency Is

Question 163

Multiple Choice

When the real exchange rate of a country's currency is low,the home country will find it


A) easier to import,while domestic producers will have difficulty exporting.
B) easier to export,while domestic residents will buy more imports.
C) harder to export,while domestic residents will buy fewer imports.
D) easier to export,while domestic residents will buy fewer imports.
E) harder to export,while domestic residents will buy more imports.

Correct Answer:

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