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-In the Figure Above, If the Exchange Rate Is Equal

question 23

Multiple Choice

  -In the figure above, if the exchange rate is equal to 1 Canadian dollar per U.S. dollar, there is a ________ of ________currency and the exchange rate will________. A)  shortage; domestic; rise B)  surplus; domestic; rise C)  shortage; foreign; rise D)  surplus; foreign; fall
-In the figure above, if the exchange rate is equal to 1 Canadian dollar per U.S. dollar, there is a ________ of ________currency and the exchange rate will________.

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