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    International Economics Study Set 12
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    Exam 12: Exchange Rate Determination
  5. Question
    In a Free Market, the Equilibrium Exchange Rate Occurs at the Point
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In a Free Market, the Equilibrium Exchange Rate Occurs at the Point

Question 90

Question 90

True/False

In a free market, the equilibrium exchange rate occurs at the point where the quantity demanded of a foreign currency equals the quantity of that currency supplied.

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