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Business, 27.03.2020 17:08 hannahkharel2

When exchange rates are volatile:

A. international economic activity is increased.
B. firms engage in more trade.
C. firms are assured that they will be able to earn profits from currency swings.
D. trade and cross-border financial and labor flows are reduced as uncertainty and transaction costs take their toll.

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When exchange rates are volatile:

A. international economic activity is increased.
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