​ Figure 12.1 the Market for Francs

Multiple Choice

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Figure 12.1 The Market for Francs
-Refer to Figure 12.1.Should preferences for imports rise in the United States and fall in Switzerland, there would occur a(n)

A) increase in the demand for francs and a decrease in the supply of francs-depreciation of the dollar.
B) increase in the demand for francs and a decrease in the supply of francs-appreciation of the dollar.
C) decrease in the demand for francs and a decrease in the supply of francs-appreciation of the dollar.
D) decrease in the demand for francs and a increase in the supply of francs-depreciation of the dollar.