A revaluation _____ exports and _____ imports.
A) increases; decreases
B) decreases; increases
C) increases; increases
D) decreases; decreases
Correct Answer:
Verified
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Q233: Under fixed exchange rates, a revaluation decreases
Q234: Devaluation of a currency occurs under _
Q235: In terms of foreign currency, a revaluation
Q236: The primary economic disadvantage of adopting the
Q238: An increase in the value of a
Q239: Which statement regarding exchange rate intervention is
Q240: A reduction in the value of a
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Q242: After a revaluation, all other things equal,
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