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Suppose the Supply of Dollars Decreased from S2 to S1

Question 62

Multiple Choice

Suppose the supply of dollars decreased from S<sub>2</sub> to S<sub>1</sub> in Figure 36.3.As a result of this change, A) Swiss chocolate imports to the United States will be lower-priced. B) U.S.computer exports to Switzerland will be lower-priced. C) A trade deficit will be created in Switzerland. D) The Swiss franc will gain value worldwide. Suppose the supply of dollars decreased from S2 to S1 in Figure 36.3.As a result of this change,


A) Swiss chocolate imports to the United States will be lower-priced.
B) U.S.computer exports to Switzerland will be lower-priced.
C) A trade deficit will be created in Switzerland.
D) The Swiss franc will gain value worldwide.

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