Q
Given the foreign currency market for the Swiss franc, the supply of franc slopes upward, because as the dollar price of the franc rises ?
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A
A. America’s demand for swiss merchandise rises
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B
B. America’s demand for swiss merchandise falls
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C
C. Switzerland’s demand for american merchandise rises
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D
D. Switzerland’s demand for american merchandise falls
Correct Answer:
C. C. Switzerland’s demand for american merchandise rises
