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FIGURE 34-2 -Refer to Figure 34-2. If the Exchange Rate Is E1

question 8

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  FIGURE 34-2 -Refer to Figure 34-2. If the exchange rate is e1, there is A)  a shortage of foreign exchange. B)  a surplus of Canadian dollars. C)  pressure on the Canadian dollar to depreciate. D)  pressure on the exchange rate to rise. E)  a shortage of Canadian dollars. FIGURE 34-2
-Refer to Figure 34-2. If the exchange rate is e1, there is

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