Figure 12.1 The Market for Francs
-Refer to Figure 12.1.Should the United States impose tariffs on imports from Switzerland, there would occur a(n)

Question

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Figure 12.1 The Market for Francs 
-Refer to Figure 12.1.Should the United States impose tariffs on imports from Switzerland, there would occur a(n)

Quizplus · Accepted Answer

The imposition of tariffs on imports from Switzerland would lead to a decrease in the demand for francs, as fewer Swiss products would be imported into the United States. This decrease in demand would cause a decrease in the value of the franc and an appreciation of the dollar. Therefore, choice B is the correct answer.

​ Figure 12.1 the Market for Francs

Figure 12.1 the Market for Francs