Higher tariffs and quotas cause a country’s currency to _____ in the _____ run. | Faculties

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Mr. Dubey

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📊 Banking and Finance 2

Q. Higher tariffs and quotas cause a country’s currency to _____ in the _____ run.

(A) depreciate; short
(B) appreciate; short
(C) depreciate; long
(D) appreciate; long

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✅ Correct Answer: (D) appreciate; long

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