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Author Question: The exchange rate affects the trade in goods and services between California and NewYork. a. True ... (Read 70 times)

codyclark

  • Hero Member
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  • Posts: 538
on: Jun 30, 2018
The exchange rate affects the trade in goods and services between California and NewYork.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the dollar price of euros is lower than the equilibrium price, there will be an excess quantity of euros ____ at that price, and competition among euro ____ will push the price of Euros toward equilibrium.
 a. supplied, sellers.
 b. supplied; buyers.
 c. demanded; sellers.
  d. demanded; buyers.


lin77x

  • Sr. Member
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  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


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