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When Mexico Suffered from Capital Flight in 1994,the U

Question 123

Multiple Choice

When Mexico suffered from capital flight in 1994,the U.S.real interest rate


A) rose and the real exchange rate of the dollar appreciated.
B) rose and the real exchange rate of the dollar depreciated.
C) fell and the real exchange rate of the dollar appreciated.
D) fell and the real exchange rate of the dollar depreciated.

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