The law of supply of foreign exchange states that other things remaining the same,
A) the higher the exchange rate, the greater is the quantity of Canadian dollars supplied.
B) the higher the exchange rate, the greater is the supply of Canadian dollars
C) the lower the exchange rate, the greater is the quantity of Canadian dollars supplied.
D) the lower the exchange rate, the greater is the supply of Canadian dollars.
E) the lower the exchange rate, the smaller is the supply of Canadian dollars.
Correct Answer:
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