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If the Brazil real equilibrium exchange rate is $0.86, then at an exchange rate of $0.83: Select one: a. U.S. demand for Brazil real would

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If the Brazil real equilibrium exchange rate is $0.86, then at an exchange rate of $0.83: Select one: a. U.S. demand for Brazil real would exceed the supply of real for sale and there would be a surplus of real in the foreign exchange market. b. U.S. demand for Brazil real would be less than the supply of real for sale and there would be a shortage of real in the foreign exchange market. C. U.S. demand for Brazil real would exceed the supply of real for sale and there would be a shortage of real in the foreign exchange market. d. U.S. demand for Brazil real would be less than the supply of real for sale and there would be a surplus of real in the foreign exchange market

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