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    International Economics Study Set 1
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    Exam 11: Foreign Exchange
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    -In the Table Above,if the Exchange Rate Is Equal to $1.00
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-In the Table Above,if the Exchange Rate Is Equal to $1.00

Question 129

Question 129

Multiple Choice

  -In the table above,if the exchange rate is equal to $1.00 per pound,there is a ______ and the exchange rate will______ A)  surplus of pounds,decrease B)  surplus of pounds,increase C)  shortage of pounds,decrease D)  shortage of pounds,increase
-In the table above,if the exchange rate is equal to $1.00 per pound,there is a ______ and the exchange rate will______


A) surplus of pounds,decrease
B) surplus of pounds,increase
C) shortage of pounds,decrease
D) shortage of pounds,increase

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