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FIGURE 34-2 -Refer to Figure 34-2. If the Exchange Rate Is E2

Question 68

Multiple Choice

FIGURE 34-2 -Refer to Figure 34-2. If the exchange rate is e2, there is A) an excess supply of foreign exchange. B) pressure for the Canadian dollar to appreciate. C) pressure for the exchange rate to fall. D) a shortage of Canadian dollars. E) an excess demand for foreign exchange. FIGURE 34-2
-Refer to Figure 34-2. If the exchange rate is e2, there is

A) an excess supply of foreign exchange.
B) pressure for the Canadian dollar to appreciate.
C) pressure for the exchange rate to fall.
D) a shortage of Canadian dollars.
E) an excess demand for foreign exchange.

Correct Answer: