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If the inflation rate in Britain is less than the inflation rate in the U.S., other things held constant, the British pound will: appreciate against
If the inflation rate in Britain is less than the inflation rate in the U.S., other things held constant, the British pound will: appreciate against other major currencies. appreciate against the U.S. dollar. appreciate against the dollar and other major currencies. remain unchanged against the U.S. dollar. depreciate against the U.S, dollar
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