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assume quotes are based on units of foreign currency per dollar and the us dollar appreciated against the euro today. this means that : a.
assume quotes are based on units of foreign currency per dollar and the us dollar appreciated against the euro today. this means that : a. the exchange rate between the dollar and the euro weakened b. the us interest rate is less than the interest rate in euroland c. the us inflation rate exceeds the inflation rate in euroland d. it now takes more dollars to buy one euro e. it now takes more euros to buy one dollar
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