

MCQOPTIONS
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1. |
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» C. the Canadian current account balance is in equilibrium | |