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Exhibit 16-3 -Refer to the Graph in the Exhibit.Imagine That Only Two

Question 87

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Exhibit 16-3
Exhibit 16-3 -Refer to the graph in the exhibit.Imagine that only two nations exist, Canada and Switzerland.Which of the following represents the suppliers and demanders in this market?   A)  The demanders want Canadian dollars and are offering Swiss francs.  B)  The suppliers want Canadian dollars and are offering Swiss francs.  C)  The suppliers are offering Canadian dollars and the demanders are offering Canadian dollars.  D)  The suppliers are offering Swiss francs and the demanders are offering Swiss francs.
-Refer to the graph in the exhibit.Imagine that only two nations exist, Canada and Switzerland.Which of the following represents the suppliers and demanders in this market?  


A)  The demanders want Canadian dollars and are offering Swiss francs. 
B)  The suppliers want Canadian dollars and are offering Swiss francs. 
C)  The suppliers are offering Canadian dollars and the demanders are offering Canadian dollars. 
D)  The suppliers are offering Swiss francs and the demanders are offering Swiss francs.

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