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Economics
MEDIUM
ENGLISH
Economics
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
Option A
the Swiss current account balance is in deficit
Correct answer
C
the Canadian current account balance is in equilibrium
Option C
D
the Swiss current account balance is in equilibrium
Option D
Correct answer: B
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