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

Question 81

Multiple Choice

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


A) a surplus of foreign exchange.
B) a surplus of Canadian dollars.
C) pressure on the Canadian dollar to appreciate.
D) pressure on the exchange rate to fall.
E) a shortage of Canadian dollars.

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