Exchange-Rate Determination Mcqs

Q.  Suppose Canada and Switzerland were the only two countries in the world There exists an excess supply of Swiss francs on the foreign exchange market This suggests that ?

a. the Canadian current account balance is in surplus
b. the Swiss current account balance is in deficit
c. the Canadian current account balance is in equilibrium
d. the Swiss current account balance is in equilibrium


ANSWER: See Answer
 
No explanation is available for this question!
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