Under managed floating exchange rates, if the rate of inflation in the United States is less than the rate of inflation of its trading partners, the dollar will likely
| A. | appreciate against foreign currencies |
| B. | depreciate against foreign currencies |
| C. | be officially revalued by the government |
| D. | be officially devalued by the government |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
