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Under a system of freely floating exchange rates an increase in the international value ...
Classroom
Economics Classroom
Jamb
Jamb 1990
International Trade
Exchange Rate
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Under a system of freely floating exchange rates an increase in the international value of a country's currency will cause?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Its exports to rise
B
Its imports to rise
C
Gold to flow into that country
D
Its currency to be in surplus
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Correct Answer:
Option B
Explanation:
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