SIE: Exercise

Taken from our SIE Online Guide

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Exercise

Answer the following questions

1. In international trade, goods and services are generally priced in _____.
2. American Japanese Equity Investments, a U.S. mutual fund, owns shares in a broad index of Japanese companies. Assuming that the Japanese stock market falls, would a U.S. investor in the fund prefer the U.S. dollar to have apprecia

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