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What will happen to the demand for pencils

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Reference no: EM13878387

1. If the price of ballpoint pens falls, will the demand for ballpoint pens change? What will happen to the demand for pencils? To the demand for paper?

2. If a nation appreciates its currency in relation to other national currencies, what will be the effect on other nations' exports and imports? On the willingness of that nation's citizens to invest abroad?

Reference no: EM13878387

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