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Assume that interest rates in London rise relative to those in Switzerland. Under a floating exchanye-rate system one would expect the pound (relative to the

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Assume that interest rates in London rise relative to those in Switzerland. Under a floating exchanye-rate system one would expect the pound (relative to the franc) to: a. Depreciate due to the increased demand for pounds b. Depreciate due to the increased demand for francs Appreciate due to the increased demand for pounds d. Appreciate due the increased demand for francs 1 points Save

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