When a Country Imposes an Import Quota,its Exchange Rate

question 131

Multiple Choice

When a country imposes an import quota,its exchange rate

• A)rises because the supply of dollars in the market for foreign-currency exchange falls.
• B)falls because the supply of dollars in the market for foreign-currency exchange rises.
• C)rises because the demand for dollars in the market for foreign-currency exchange rises.
• D)falls because the demand for dollars in the market for foreign-currency exchange falls.

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