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A year ago, two currencies, A and B, traded at a rate of 1A = 6.8B. Now, 1A = 7.3B. What changes about nations A
A year ago, two currencies, A and B, traded at a rate of 1A = 6.8B. Now, 1A = 7.3B. What changes about nations A and B during the year could explain this exchange-rate change (holding other important factors constant)? On foreign-exchange markets, _____. Group of answer choices a. supply of B decreases b. demand for A increases c. supply of A increases
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