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a speculator predicts that JPY is likely to appreciate with respect to USD going forward, he would ____(1)___ USD now (buy JPY) and ___(2)_____ USD
a speculator predicts that JPY is likely to appreciate with respect to USD going forward, he would ____(1)___ USD now (buy JPY) and ___(2)_____ USD later (sell JPY).
(1) buy (2) buy
(1) sell (2) sell
(1) sell (2) buy
(1) buy (2) sell
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