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Assume that the inflation rate becomes much higher in the United Kingdom relative to the United States. This will place ____ pressure on the value

Assume that the inflation rate becomes much higher in the United Kingdom relative to the United States. This will place ____ pressure on the value of the British pound.

upward

downward

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Question

Assume that the inflation rate becomes much higher in the United Kingdom relative to the United States. This will place ____ pressure on the value

Assume that the inflation rate becomes much higher in the United Kingdom relative to the United States. This will place ____ pressure on the value of the British pound. upward downward

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Assume that the inflation rate becomes much higher in the United Kingdom relative to the United States. This will place ____ pressure on the value of the British pound.

upward

downward