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6. Based on our model of exchange rates, which of these events would cause the $ to appreciate? [ ] the Fed lowers interest rates
6. Based on our model of exchange rates, which of these events would cause the $ to appreciate? [ ] the Fed lowers interest rates in the U.S. L the U.S. ends the COVID-19 travel ban so now foreigners can visit Disney World IC speculators sell their $s in expectation that it will soon decrease in value L the U.S. adds tariffs on imports from many countries
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