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What Will Depreciation of the Hong Kong Dollar Do

Question 11

Multiple Choice

What will depreciation of the Hong Kong dollar do?


A) Make Hong Kong exports cheaper,but its imports more expensive.
B) Make Hong Kong exports more expensive,but its imports cheaper.
C) Make Hong Kong's exports and imports both less expensive.
D) Make Hong Kong exports and imports both more expensive.
E) Will lead to a balance of payments surplus for Hong Kong.

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