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Part 1 Attempt 1/5 for 10 pts. What is the effect of a dollar appreciation against all foreign currencies? The current account balance increases, and

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Part 1 Attempt 1/5 for 10 pts. What is the effect of a dollar appreciation against all foreign currencies? The current account balance increases, and the trade balance decreases. The current account balance decreases, and the trade balance increases. The current account balance and the trade balance both increase. The current account balance and the trade balance are both unaffected. The current account balance and the trade balance both decrease. Submit

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