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1. When a nation experiences an ___ in the real value of its currency, the change makes __ and import competing goods more competitive. a.
1. When a nation experiences an ___ in the real value of its currency, the change makes __ and import competing goods more competitive.
a. decrease, imports
b. increase, exports
c. increase, imports
d. decrease, exports
2. In a risk shifting strategy, firms typically attempt invoicing in __ in appreciating currencies and ___ in depreciating currencies.
a. domestic loan payments, foreign loan payments
b. exports, imports
c. foreign loan payments, domestic loan payments.
d. imports, exports
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