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Q 8 . Would each of the following groups be happy or unhappy if ringgit appreciated? Explain. a ) Hong Kong pension funds holding Malaysian

8 .

Would each of the following groups be happy or unhappy if ringgit appreciated? Explain.

)

Hong Kong pension funds holding Malaysian government bonds.

)

Malaysian manufacturing industries.

)

Australian tourists planning a trip to Malaysia.

)

A Malaysian firm trying to purchase property overseas.

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