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1. Suppose that USD depreciates by 10% against the bucket of world major currencies in the next year. What are the pros and cons of

1. Suppose that USD depreciates by 10% against the bucket of world major currencies in the next year. What are the pros and cons of this for the US balance of payments?

2. Suppose that the direct quotation for Dutch guilder is 1.5. The indirect quotation for British pound is 0.5. What is the price of British pound in Dutch guilders?

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