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Assume there are only two countries/currencies in the world: the United States (which uses dollars) and Japan (which uses Yen). If both countries have the
Assume there are only two countries/currencies in the world: the United States (which uses dollars) and Japan (which uses Yen). If both countries have the same inflation rate, and the United States Federal Reserve raises interest rates, what should happen to the value of the YEN? The yen should depreciate. The yen should appreciate. The yen should stay the same
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