a trend toward gradual depreciation of the dollar
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If American prices drift upward somewhat more rapidly than prices in the other mixed economies, the probable result will be:
A) exchange controls.
B) tariffs or quotas.
C) value-added subsidies to exports.
D) gradual overvaluation of the dollar.
E) a trend toward gradual depreciation of the dollar.
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Solution Summary
The expert discusses the premise of a trend toward gradual depreciation of the dollar. The value-added subsidies to exports are found.
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If American prices drift upward more rapidly than prices in the other mixed economies,
<br>the American ...
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