All else equal and under a system of floating exchange rates, if a cou – McqOptions

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1.	All else equal and under a system of floating exchange rates, if a country enters a period of exceptionally strong growth,
A.	the pressure on its currency is to revalue.
B.	the pressure on its currency is to devalue.
C.	the pressure on its currency is to depreciate.
D.	the pressure on its currency is to appreciate.
Answer» B. the pressure on its currency is to devalue.

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