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If Great Britain imports more than it exports: A) the supply of pounds is likely to exceed the demand for pounds in the foreign exchange
If Great Britain imports more than it exports:
A) the supply of pounds is likely to exceed the demand for pounds in the foreign exchange market.
B) the demand of pounds is likely to exceed the supply for pounds in the foreign exchange market.
C) the pound will likely appreciate against other major currencies in the foreign exchange market.
D) none of the above.
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