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If the exchange rate is above the equilibrium exchange rate in the foreign exchange market, A. exports are cheap, and the demand curve for Canadian
If the exchange rate is above the equilibrium exchange rate in the foreign exchange market, A. exports are cheap, and the demand curve for Canadian dollars will shift rightward. B. a surplus exists, and the exchange rate will fall. C. a shortage exists, and the exchange rate will rise. D. a shortage exists, and the exchange rate will fall. E. a surplus exists, and the exchange rate will rise
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