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A high rate of inflation within a country will tend to ____ the value of its currency with respect to the currencies of other countries
A high rate of inflation within a country will tend to ____ the value of its currency with respect to the currencies of other countries that are experiencing lower rates of inflation.
a. | increase | |
b. | decrease | |
c. | have no effect on | |
d. | Cannot be determined because of insufficient information |
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