If Canadian Speculators Believed the Swiss Franc Was Going to Appreciate

question 145

Multiple Choice

If Canadian speculators believed the Swiss franc was going to appreciate against the U.S.dollar, they would

• A) purchase Canadian dollars.
• B) purchase U.S. dollars.
• C) purchase Swiss francs.
• D) sell Swiss francs.

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Definitions:

Drinking

The act of consuming liquids, often specifically referring to the consumption of alcoholic beverages.

Suffrage

The right to vote in public elections, historically a central issue in the democratization processes of various societies.

Prisons

Facilities where individuals convicted of crimes are held as part of their punishment and rehabilitation process.

Asylums

historically refers to institutions created for the care of individuals with mental illnesses, though practices and conditions varied widely.