Domestic currency undervalued against a foreign currency

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Reference no: EM131161723

If a country wants to keep the domestic currency undervalued against a foreign currency:

A. it will buy both the foreign and domestic currency.

B. it will sell both the foreign and domestic currency.

C. it will buy the domestic currency and sell the foreign currency.

D. it will buy the foreign currency and sell the domestic currency.

Reference no: EM131161723

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