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If interest rates in the U.S. rise relative to other currencies, would the US$ appreciate or depreciate? Why? If interest rates in the U.S. rise
If interest rates in the U.S. rise relative to other currencies, would the US$ appreciate or depreciate? Why? If interest rates in the U.S. rise 1 percent while interest rates in the Canada rise 1.5 percent, would the US$ appreciate or depreciate compared with the C$?
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