Figure 15.2 Market for the British Pound 
-Refer to Figure 15.2.Suppose that the United States increases its imports from England.Other things equal, under a floating exchange rate system the new equilibrium exchange rate would be
A) $0.40 per pound.
B) $0.60 per pound.
C) $0.80 per pound.
D) $1 per pound.
Correct Answer:
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