How would an increase in the value of the pound sterling affect American businesses?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 03:54 AM

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How does an increase in the value of the pound sterling affect American businesses?
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How would an increase in the value of the pound sterling affect American businesses?

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It makes British goods more expensive rel...View the full answer

The Economics of Money Banking and Financial Markets

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