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Rindistan currently runs a current account deficit with Ackland. to make up the difference, Rindistan prints up more of its curreny, the Rael. Both countries
Rindistan currently runs a current account deficit with Ackland. to make up the difference, Rindistan prints up more of its curreny, the Rael. Both countries have flexible exchange rates. The increased supply of Raels will cause Multiple Choice The Rael to appreciate relative to Ackland's currency The Rael to depreciate relative to Ackland's currency Neither an appreciation nor a depreciation of the Rael Unable to determine
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