​ Figure 12.1 the Market for Francs

question 165

Multiple Choice

​
Figure 12.1 The Market for Francs
-Refer to Figure 12.1.If Switzerland experienced a disastrous wheat-crop failure, leading to additional wheat imports from the United States, there would occur an

• A) increase in the supply of francs and an appreciation of the dollar.
• B) increase in the supply of francs and a depreciation of the dollar.
• C) increase in the demand for francs and a depreciation of the dollar.
• D) increase in the demand for francs and an appreciation of the dollar.

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