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3. If the Indian government unexpectedly announces that it will be imposing higher tariffs on foreign goods one year from now, what will happen to

3. If the Indian government unexpectedly announces that it will be imposing higher tariffs on foreign goods one year from now, what will happen to the value of the Indian rupee today? 4. A German sports car is selling for 70,000 euros. What is the dollar price in Canada of the German car if the exchange rate is 0.90 euro per dollar

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