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a) Under Bxed rate nystem, a couniry that followed poticies that would that experienced by s trading partners would lead to a higher rate of

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a) Under Bxed rate nystem, a couniry that followed poticies that would that experienced by s trading partners would lead to a higher rate of inflation than a.) experience a batance of payments surplus as its goods became mor b.) see an decrease in the supply of its curreney on the f c.) find its currency subject to upward pressure oreign exchange markets d.) experience a balance-of-payments deficit as its goods became more expensive Ans: e rising dollar in the early 1980s can be attributed to a.) high real interest rates in the United States b.) improved investment prospects in the United States 15.) Th c.) the growing U.S. budget deficit d.) a and b only Ans_

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