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Explain why you agree or disagree with the following statements. Assume other things equal.a. A country that grows faster than its major trading partners can expect the international value of its currency to depreciate.b. A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.c.A country’s currency will appreciate if its inflation rate is less than that of the rest of the world.

Explain why you agree or disagree with the following statements. Assume other thingsequal.a. A country that grows faster than its major trading partners can expect the internationalvalue of its…