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Izzydhindsa Izzydhindsa
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5 years ago

Question 1.

In the foreign exchange market between the Thai baht and the U.S. dollar, if the supply of baht increases and the demand for baht decreases, the price of Thai baht in terms of U.S. dollars will definitely decrease.



▸ true

▸ false

Question 2.

In the foreign exchange market between the Swiss franc and the U.S. dollar, if the supply of francs increases and the demand for francs decreases, the equilibrium quantity of Swiss francs will definitely increase.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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mnp2357mnp2357
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Izzydhindsa Author
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#2
5 years ago
Appreciate the effort, thank you!
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