Assume that france and britain have floating exchange, Ask an Expert

Economics

Assume that France and Britain have floating exchange rates. Other things being unchanged, if economic growth is more rapid in France than in Britain:

gold bullion will flow out of France.
the franc will depreciate.
the pound will depreciate.
the franc will appreciate.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M974222

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