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Suppose that the government of Chile reduces one of its key interest rates to stimulate its economy. How will the values of several other Latin

Suppose that the government of Chile reduces one of its key interest rates to stimulate its economy. How will the values of several other Latin American currencies change against the Chilean peso in response to the news (assuming that these countries are not expected to lower their interest rates in the future)?

A.

they will increase.

B.

they will decrease.

C.

they will remain the same.

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