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The Figure Given Below Depicts the Foreign Exchange Market for British

question 107

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The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2
The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2    -An increase in the demand for rubles causes the ruble to appreciate.
-An increase in the demand for rubles causes the ruble to appreciate.


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