Under a system of floating exchange rates there is a general tendency – McqOptions

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1.	Under a system of floating exchange rates there is a general tendency for ?
A.	exchange rates to be insensitive to the differential rates of inflation between countries
B.	the currencies of relatively high-inflation countries to depreciate
C.	the currencies of relatively high inflation countries to appreciate
D.	the currencies of relatively low inflation countries to depreciate
Answer» C. the currencies of relatively high inflation countries to appreciate

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