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S 12 F Pesos/Dollar 10 D 8 7 - 5 6 7 8 9 Quantity of U.S. Dollars Traded for Pesos (billions) Suppose the pesos/dollar

S 12 F Pesos/Dollar 10 D 8 7 - 5 6 7 8 9 Quantity of U.S. Dollars Traded for Pesos (billions) Suppose the pesos/dollar exchange rate is 8. This would result in undersupply O oversupply O none of these O equilibrium

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