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Retnec Retnec
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Posts: 1082
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7 years ago
Under a system of flexible exchange rates, a decision by Americans to purchase fewer Swiss watches would
A) increase the demand for Swiss francs.
B) increase the supply of dollars.
C) cause the Swiss franc to depreciate relative to the dollar.
D) cause the dollar to depreciate relative to Swiss franc.
E) increase the demand for dollars.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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7 years ago
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Retnec Author
wrote...

7 years ago
Good timing, thanks!
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Yesterday
Brilliant
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2 hours ago
Thank you, thank you, thank you!
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