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    Exam 6: Foreign Exchange and Exchange Rates
  5. Question
    The Exchange Rate at Which Demand for Foreign Currency Becomes
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The Exchange Rate at Which Demand for Foreign Currency Becomes

Question 19

Question 19

Multiple Choice

The exchange rate at which demand for foreign currency becomes equal to its supply, is called


A) equal rate of exchange
B) mint parity
C) equilibrium exchange rate
D) all of these

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