If American auto companies make a breakthrough in automobile technology and are able to produce a car

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If American auto companies make a breakthrough in automobile technology and are able to produce a car that gets 200 miles to the gallon, what will happen to the U.S. dollar exchange rate?

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Economics of Money Banking and Financial Markets

ISBN: 978-0134733821

12th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 30, 2018 08:04 AM

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If American auto companies make a breakthrough in automobile technology and are able to produce a car

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The dollar will appreciate The increase in US producti...View the full answer

Economics of Money Banking and Financial Markets

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