If USSecurities Pay 6 Percent Interest, and If Great Britain's Securities

question 62

Multiple Choice

If U.S.securities pay 6 percent interest, and if Great Britain's securities pay 8 percent interest, then

• A)pounds depreciate relative to dollars.
• B)pounds appreciate relative to dollars.
• C)Great Britain's imports will fall.
• D)Great Britain's exports will rise.

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Supply And Demand

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