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Suppose the exchange rate for euros goes from 1.5 euros = $1 to 1 euro = $1. This means that European goods have now become
Suppose the exchange rate for euros goes from 1.5 euros = $1 to 1 euro = $1. This means that European goods have now become Multiple choice question. less expensive to Americans. no more or less expensive than before to Americans. more expensive to Americans. more desirable to Americans
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