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CET DESTION 10 tyet answered orked out of Agriland and Driland are two countries which regularly trade with each other. The current exchange rate is

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CET DESTION 10 tyet answered orked out of Agriland and Driland are two countries which regularly trade with each other. The current exchange rate is 1 Agri = 3 Dri. If inflation rate in Driland increased to 10% while inflation rate in Agriland is 5%, would the current exchange rate (1 Agri = 3 Dri) change and if so in which direction Flag question Select one: a. Exchange rate will move from 1 Agri = 3 Dri towards 1 Agri = 2 Dri eb. No Change c Exchange rate will move from 1 Agri = 3 Dri towards 1 Agri = 4 Dri Previous page Next page

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