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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 expected to lower their interest rates too in the future)? A. they will increase. B. they will remain the same, or even decrease.
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