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Business, 18.01.2021 14:00 lakhanir2013

Which of the following is consistent with moving from a surplus to equilibrium in the market for foreign-currency exchange? A. The exchange rate appreciates making domestic goods relatively more expensive.
B. The exchange rate appreciates making domestic goods relatively less expensive.
C. The exchange rate depreciates making domestic goods relatively more expensive.
D. The exchange rate depreciates making domestic goods relatively less expensive.

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Which of the following is consistent with moving from a surplus to equilibrium in the market for for...
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