Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue

Exercise 8

At the price of $2 for £1 in this figure:
A) the dollar-pound exchange rate is unstable.
B) the quantity of pounds supplied equals the quantity demanded.
C) the dollar price of £1 equals the pound price of $1.
D) U.S. goods exports to Britain must equal U.S. goods imports from Britain.