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9. lation rate in Australia is higher than that of Italy, and productivity is growing at a slower rate in Australia than it is in

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9. lation rate in Australia is higher than that of Italy, and productivity is growing at a slower rate in Australia than it is in Italy, in the long run: the euro should depreciate, relative to the dollar the euro should appreciate, relative to the dollar there should be no change in the euro price of the dollar it is uncertain what will happen to the euro price of dollars UGEUCP

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