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AP Macroeconomics
Unit 6 – Open Economy – International Trade and Finance
Topic 6.3
What happens to the exchange rate when the relative income of Europeans rises?
The exchange rate fluctuates randomly
The currency appreciates
The currency depreciates
The exchange rate remains unchanged
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AP Macroeconomics - 6.3 Foreign Exchange Market
Key terms
Exchange Rate
Relative Income
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About Us
About Fiveable
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Careers
Testimonials
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Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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