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Assume the initial dollar-CHF exchange rate was $0.7515 per one Swiss. Franc. Now, the exchange rate is $0.7819 per Swiss Frane Discuss which currency depreciates

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Assume the initial dollar-CHF exchange rate was $0.7515 per one Swiss. Franc. Now, the exchange rate is $0.7819 per Swiss Frane Discuss which currency depreciates against which currency. Does Switzerland benefit from the change in the exchange rate? How? Does the United States benefit? How? What should we expect for changes in the inflation rates for the two regions? Rease provide o thorough onalysis discussing the question from different perspectives

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