Under a flexible exchange rate system,if the quantity supplied of dollars is greater than the quantity demanded of dollars,there is a:

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When the quantity supplied of dollars exceeds the quantity demanded, it indicates that more dollars are being sold than bought in the foreign exchange market. This scenario typically leads to a depreciation of the dollar's value. It also suggests a balance of payments deficit because it implies that the country is buying more from abroad (importing) than it is selling (exporting), leading to an outflow of dollars.

Under a Flexible Exchange Rate System,if the Quantity Supplied of Dollars