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The current exchange rate is $1.50 per British pound. The exchange rate is expected to be $1.25 per British pound in six months. The British pound is expected to

depreciate and the U.S. will import more from Britain

appreciate and the U.S. will import more from Britain

appreciate and the U.S. will export more to Britain

depreciate and the U.S. will export more to Britain

Financial Management, Finance

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