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Traveling abroad to country A, you notice that most goods and services are substantially cheaper there than in the U.S. If prices in country A
Traveling abroad to country A, you notice that most goods and services are substantially cheaper there than in the U.S. If prices in country A do not rise, then you can expect
intervention by country A's central bank.
intervention by the U.S. central bank.
exchange rates to remain steady.
country A's currency to appreciate.
country A's currency to depreciate.
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