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Answer to Question #91903 in Macroeconomics for Lerato
Question #91903
What factors are likely to cause an increase in the demand for British pounds (in exchange for South African rands)?
Expert's answer
- Inflation
- Interest rates
- Speculation
- Change in competitiveness
- Balance of payments
- Relative strength of other currencies
- Government intervention
- Economic growth/recession
- Government debt
Learn more about our help with Assignments: Macroeconomics
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#339914 on Dec 2023
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