Assume That the Dollar Value of a Swiss Franc Is

question 58

Multiple Choice

Assume that the dollar value of a Swiss franc is 0.8600 dollar per franc,and that U.S.importers start to like Swiss watches more than they did in the past.The Swiss franc would:

• A) appreciate, as the demand curve of Swiss franc shifts to the right.
• B) depreciate, as the demand curve of Swiss franc shifts to the right.
• C) depreciate, as the demand curve of Swiss franc shifts to the left.
• D) appreciate, as the supply curve of Swiss franc shifts to the right.

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Definitions:

Metamorphic Process

A geological process that alters the composition or structure of rock due to heat, pressure, or the presence of fluids, without the rock melting.

Rotation

The act or process of an object spinning around an axis.

Remobilization

The process in geochemistry and environmental science referring to the return of chemicals or elements to mobilization in the environment after being immobilized.

High Pressure

A condition where the force applied over a surface area is greater than the standard atmospheric pressure at sea level.