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Any Event That Reduces the Supply of Swiss Francs to Be

Question 18

Multiple Choice

Any event that reduces the supply of Swiss francs to be exchanged for U.S.dollars should result in a(an) _______ in the value of the Swiss franc with respect to _______,other things being equal.


A) increase;U.S. dollar
B) increase;nondollar currencies
C) decrease;nondollar currencies
D) decrease;U.S. dollar

Correct Answer:

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