Describe how each of the following will affect the relative, Ask an Expert

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1) Describe how each of the following will affect the relative values of the dollar and the French franc:

Income growth higher in the US than in France.
Inflation higher in France than in the US.
A real interest rate higher in the United States than in France.

2) What are the three categories of transactions in the balance of payments? Give an example of each.

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International Economics, Economics

Category:- International Economics
Reference No.:- M9310351

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