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Any Event That Reduces the Supply of Swiss Francs to Be

Question 11

Multiple Choice

Any event that reduces the supply of Swiss francs to be exchanged for U.S. dollars should result in a(n) ____ in the value of the Swiss franc with respect to ____, other things being equal.


A) increase; the U.S. dollar
B) increase; nondollar currencies
C) decrease; nondollar currencies
D) decrease; the U.S. dollar

Correct Answer:

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