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-In the Figure Above, If the Exchange Rate Is Equal

Question 23

Multiple Choice

-In the figure above, if the exchange rate is equal to 1 Canadian dollar per U.S. dollar, there is a ________ of ________currency and the exchange rate will________. A) shortage; domestic; rise B) surplus; domestic; rise C) shortage; foreign; rise D) surplus; foreign; fall
-In the figure above, if the exchange rate is equal to 1 Canadian dollar per U.S. dollar, there is a ________ of ________currency and the exchange rate will________.


A) shortage; domestic; rise
B) surplus; domestic; rise
C) shortage; foreign; rise
D) surplus; foreign; fall

Correct Answer:

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