Multiple Choice
Refer to U.S. Financial Crisis. What would happen in the market for foreign-currency exchange?
A) the supply of dollars would shift right and the exchange rate would rise.
B) the supply of dollars would shift right and the exchange rate would fall.
C) the supply of dollars would shift left and the exchange rate would rise.
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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