Question: Please use the data below to answer the following question. If one year later, the spot rate of GBP turns out to be $1.675, then

 Please use the data below to answer the following question. If

Please use the data below to answer the following question. If one year later, the spot rate of GBP turns out to be $1.675, then the GBP experienced _in "real" purchasing power. a gain ators nochange

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