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Question 2 6 If the inflation rate in the United States is greater than the inflation rate in Britain, other things held constant, the British

Question 26
If the inflation rate in the United States is greater than the inflation rate in Britain,
other things held constant, the British pound will
appreciate against the U.S. dollar
appreciate against other major currencies
depreciate against the U.S. dollar
appreciate against the dollar and other major currencies
remain unchanged against the U.S. dollar
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