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28-04-2024
Business

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If higher United States interest rates cause foreign demand for the dollar to increase, which of the following will occur to the international value of the dollar and to United States exports?
1) increase in the international value of the dollar and increase in United States exports
2) decrease in the international value of the dollar and decrease in United States exports
3) increase in the international value of the dollar and decrease in United States exports
4) no change in the international value of the dollar and decrease in United States exports

Answer :

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