-In Exhibit FF-6, If the Exchange Rate of Dollars Per

Multiple Choice

-In Exhibit FF-6, if the exchange rate of dollars per British pound fixed at 1.90, there would be a(n)

A) excess supply of pounds on the foreign exchange market
B) excess demand for pounds on the foreign exchange market
C) surplus of dollars on the foreign exchange market
D) trade deficit in the United States
E) trade surplus in Great Britain