Given the Foreign Currency Market for the Swiss Franc, the Supply

question 85

Multiple Choice

Given the foreign currency market for the Swiss franc, the supply of francs slopes upward, because as the dollar price of the franc rises

• A) America's demand for Swiss merchandise rises.
• B) America's demand for Swiss merchandise falls.
• C) Switzerland's demand for American merchandise rises.
• D) Switzerland's demand for American merchandise falls.

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