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What is most likely to happen if there is an increase in the demand for Swiss watches? Exchange rate is defined as the number of

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What is most likely to happen if there is an increase in the demand for Swiss watches? Exchange rate is defined as the number of units of US dollars needed to buy one Swiss Franc. The US dollar will appreciate against Swiss Franc O US trade balance with Switzerland will improve The US dollar exchange rate with Swiss Franc will not change The US dollar will depreciate against Swiss Franc

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