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Due to the increase in the productivity of Omanis in the technology sector, the rate of exports of technological services has increased. How will this affect the value of the Omani Rial and the US dollar? a. Stronger rial and weaker dollar O b. weaker rial and stronger dollar O c. both currencies will increase in value O d. the increase will be cancelled out by each other

Due to the increase in the productivity of Omanis in the technology sector, the rate of exports of technological services has increased. How will this affect the value of the Omani Rial and the US dollar? a. Stronger rial and weaker dollar O b. weaker rial and stronger dollar O c. both currencies will increase in value O d. the increase will be cancelled out by each other

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter29: Exchange Rates And International Capital Flows
Section: Chapter Questions
Problem 32P: A British pound cost 2.00 in U.S. dollars in 2008, but 1.27 in U.S. dollars in 2017. Was the pound...
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Due to the increase in the productivity of Omanis in the technology sector, the rate of exports of technological services has increased. How will this affect the value of the Omani Rial and the US dollar? a. Stronger rial and weaker dollar O b. weaker rial and stronger dollar O c. both currencies will increase in value O d. the increase will be cancelled out by each other
Transcribed Image Text:Due to the increase in the productivity of Omanis in the technology sector, the rate of exports of technological services has increased. How will this affect the value of the Omani Rial and the US dollar? a. Stronger rial and weaker dollar O b. weaker rial and stronger dollar O c. both currencies will increase in value O d. the increase will be cancelled out by each other
A decrease in the real exchange rate has the effect of O a. decreasing demand O b. Increasing net export O c. Deficit in trade O d. Decreasing net export
Transcribed Image Text:A decrease in the real exchange rate has the effect of O a. decreasing demand O b. Increasing net export O c. Deficit in trade O d. Decreasing net export
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