If the uk rate of inflation is above the us rate of, Financial Management

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If the uk rate of inflation is above the us rate of

If the U.K. rate of inflation is above the U.S. rate of inflation, what is expected to happen to the real exchange rate? What is expected to happen to the U.S. and the U.K current account? The exchange rate is defined as the dollar price of the pound (S/£).

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