LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory

Consider free float exchange rate. Country A experience surplus
with country B and deficit with country C

Question

LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory

Consider free float exchange rate. Country A experience surplus
with country B and deficit with country C

Answer

Country
A domestic currency will experience depreciation relative to country B currency

Answer

Country
A domestic currency will experience depreciation relative to country C currency

Answer

Country
A domestic currency will remain stable relative to country B and C currency

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