Increases in relative income in one country vs.another result in an increase in that country's currency value.

Name: Increases in relative income in one country vs.another result in an increase in that country's currency value.
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Question

Quizplus · Accepted Answer

Increases in relative income in one country do not necessarily result in an increase in that country's currency value. Other factors such as inflation, interest rates, and political stability can also affect currency values.

Increases in Relative Income in One Country Vs