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Which of the Following Is Consistent with Moving from a Surplus

Question 79

Multiple Choice

Which of the following is consistent with moving from a surplus to equilibrium in the market for foreign currency exchange?


A) the exchange rate falls causing U.S.residents to import more
B) the exchange rate falls causing U.S.residents to import less
C) the exchange rate rises causing U.S.residents to import more
D) the exchange rate rises causing U.S.residents to import less

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