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If the foreign currency is expected to appreciate: Group of answer choices a
If the foreign currency is expected to appreciate:
Group of answer choices
a. a borrower is less likely to borrow domestic currency, than if the foreign currency were expected to depreciate
b. a borrower is less likely to borrow foreign currency, than if the foreign currency were expected to depreciate
c. a borrower is more likely to borrow foreign currency, than if the foreign currency were expected to depreciate
d. borrower will definitely borrow domestic currency rather than foreign currency
Expert Solution
Option b) Borrower is less likely to borrow foreign currency, than if the foreign currency were expected to depreciate
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