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Exhibit 18-3 -Which of the Following Is Represented by Exhibit 18-3

Question 104

Multiple Choice

Exhibit 18-3
Exhibit 18-3    -Which of the following is represented by Exhibit 18-3? A)  An increase in the Canadian demand for Swiss francs. B)  An increase in the Swiss demand for Canadian dollars. C)  Canadian exports to Switzerland decrease. D)  The Swiss franc is devalued. E)  The Swiss franc depreciates.
-Which of the following is represented by Exhibit 18-3?


A) An increase in the Canadian demand for Swiss francs.
B) An increase in the Swiss demand for Canadian dollars.
C) Canadian exports to Switzerland decrease.
D) The Swiss franc is devalued.
E) The Swiss franc depreciates.

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