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In the Foreign Exchange Market,the Quantity Supplied of Dollars Is

Question 18

Multiple Choice

In the foreign exchange market,the quantity supplied of dollars is 600 whereas the quantity demanded of dollars is 400 results in a:


A) balance of payments surplus of 200.
B) balance of payments deficit of 200.
C) balance of payments surplus of -200.
D) balance of payments deficit of -200.

Correct Answer:

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