

MCQOPTIONS
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1. |
If the EU imposes a quota on the importing of clothing produced in China, so reducing UK imports of clothing Which of the following is true regarding the market for foreign currency exchange ? |
A. | The demand for pounds decreases and the pound depreciates |
B. | The Supply of pounds increases, and the pound depreciates |
C. | The Supply of pounds decreases, and the pound appreciates |
D. | The demand for Pounds increases and the pound appreciates |
Answer» E. | |