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    International Economics Study Set 1
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    Exam 15: Exchange Rate Systems and Currency Crises
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    Table 15.1. The Market for Francs
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Table 15.1. The Market for Francs

Question 21

Question 21

Multiple Choice

Table 15.1.
The Market for Francs
Table 15.1. The Market for Francs    -Refer to Table 15.1.Under a system of floating exchange rates,the equilibrium exchange rate equals: A)  $0.15 per franc B)  $0.20 per franc C)  $0.25 per franc D)  $0.30 per franc
-Refer to Table 15.1.Under a system of floating exchange rates,the equilibrium exchange rate equals:


A) $0.15 per franc
B) $0.20 per franc
C) $0.25 per franc
D) $0.30 per franc

Correct Answer:

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