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Question 39

Multiple Choice

  -Refer to the graph above to answer this question.If the fixed exchange rate is fixed at OE,what will be the result of the shift in demand from D1 to D2? A) An increase in Canada's stocks of international monetary reserves. B) A Swiss balance of payments deficit. C) A Canadian balance of payments deficit. D) A Canadian balance of payments surplus. E) The Canadian dollar to depreciate.
-Refer to the graph above to answer this question.If the fixed exchange rate is fixed at OE,what will be the result of the shift in demand from D1 to D2?


A) An increase in Canada's stocks of international monetary reserves.
B) A Swiss balance of payments deficit.
C) A Canadian balance of payments deficit.
D) A Canadian balance of payments surplus.
E) The Canadian dollar to depreciate.

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